Archive for the ‘Mergers and Acquisitions’ Category

ORBCOMM acquires inthinc, INC.

ORBCOMM acquires inthinc, INC.
Accelerates ORBCOMM’s entry into the fleet management market by adding best-in-class vehicle telematics and driver safety solutions to its IoT offering Rochelle Park, NJ, June 13, 2017 – ORBCOMM Inc. (Nasdaq: ORBC), a leading global provider of Machine-to-Machine (M2M) and Internet of Things...
June 13th, 2017 | Automobiles, IT and Communications, Land Trasnport, Mergers and Acquisitions, Technical, Technology | Read More

Descartes acquires PCSTrac business

Descartes acquires PCSTrac business
Expands Community and Extends Technology Platform for Pool Distribution and Carton-Level Tracking WATERLOO, Ontario, June 2, 2017 (GLOBE NEWSWIRE) — Descartes Systems Group (TSX:DSG) (Nasdaq:DSGX), the global leader in uniting logistics-intensive businesses in commerce via the Global Logistics...
June 2nd, 2017 | Consumers Market, Logistics, Mergers and Acquisitions, Shopping, Trade and Commerce | Read More

British Steel completes transfer of 50% stake in Redcar bulk terminal

British Steel completes transfer of 50% stake in Redcar bulk terminal
… British Steel today (June 1) announced it has recently completed the transfer of a 50% stake in Redcar Bulk Terminal from Tata Steel, agreed as part of the original purchase of the Long Products Europe business. British Steel Executive Chairman Roland Junck said: “We are delighted to announce...
June 1st, 2017 | Mergers and Acquisitions, Ports & Terminals | Read More

Notice of Trade Name and Location of New Container Shipping Joint Venture-

Notice of Trade Name and Location of New Container Shipping Joint Venture-
.. Kawasaki Kisen Kaisha, Ltd., Mitsui O.S.K. Lines, Ltd., and Nippon Yusen Kabushiki Kaisha have announced that their new joint venture (JV) will operate under the tradename “Ocean Network Express.” The establishment of this new JV, which will integrate the three companies’ container shipping...
May 31st, 2017 | Liner Shipping and Trade, Markets, Mergers and Acquisitions | Read More

HSH Nordbank participated as MLA in the acquisition financing for Beacon Rail

HSH Nordbank participated as MLA in the acquisition financing for Beacon Rail
Dr. Marcus Kleiner HAMBURG/KIEL HSH Nordbank is participating as a Mandated Lead Arranger in providing the acquisition financing for Beacon Rail, the leading European rolling stock leasing company, making available a loan of € 87 million. The total amount of financing in the context of an M&A process...
May 26th, 2017 | Banking, Finance, Markets, Mergers and Acquisitions, News, Rail | Read More

K” Line Group to Merge Two Ship Management Companies

K” Line Group to Merge Two Ship Management Companies
.. “K” Line Group to Merge Two Ship Management Companies- Reorganization of the Group’s Ship Management System for More Secure Services – Kawasaki Kisen Kaisha Ltd. (“K” Line) takes pleasure in announcing that two of its subsidiaries, Taiyo Nippon Kisen Co., Ltd. and Escobal Japan...
May 12th, 2017 | Company Profiles, Liner Shipping and Trade, Mergers and Acquisitions | Read More

Falling Markets and dangerous Geopolitics

Falling Markets and dangerous Geopolitics
John Faraclas The fall continued today both for the Dry and the Wets; the BDI (Baltic Dry Index) lost 13 points and now stands at 1,134. On the Geopolitical front things are getting all over Planet Ocean sour and let’s hope diplomacy is resurrected. John Faraclas’ daily recap: The Capers were the...
April 27th, 2017 | Chartering, Containers, Dry Bulkcarriers, Markets, Mergers and Acquisitions, Military, News, Piracy and Terrorism, Reports, Sales and Purchases, Ship Demolitions, Ship Finance, Shipping Indices, Statistics, Stock Markets, Trade and Commerce | Read More

Wilhelmsen acquires Drew Marine Technical Solutions

Wilhelmsen acquires Drew Marine Technical Solutions
Thomas Wilhelmsen “This acquisition offers a unique opportunity to enhance the scale and geographic reach of our marine products division,” says Thomas Wilhelmsen, group CEO about Wilhelmsen’s acquisition of the technical solutions business from Drew Marine. The acquired business will be brought...
April 27th, 2017 | Company Profiles, Marine Equipment Products and Services, Mergers and Acquisitions, News, Person Profiles | Read More

Hunter Maritime Acquisition Corp. Announces Commencement of Tender

Hunter Maritime Acquisition Corp. Announces Commencement of Tender
Hunter Maritime Acquisition Corp. Announces Commencement of Tender Offer to Purchase up to 8,233,100 of its Class A Common Shares—Tender Offer will Expire at 5:00 p.m. New York City Time on May 26, 2017, Unless Extended or Earlier Terminated April 27, 2017 – Hunter Maritime Acquisition Corp. (Nasdaq:...
April 27th, 2017 | Company Profiles, Markets, Mergers and Acquisitions, Sales and Purchases, Stock Markets | Read More

Hunter Maritime Acquisition Corp. enters into definitive agreements

Hunter Maritime Acquisition Corp. enters into definitive agreements
Hunter Maritime Acquisition Corp. Enters into Definitive Agreements for the Purchase of Five Identified Capesize Dry Bulk Vessels April 26, 2017 – Hunter Maritime Acquisition Corp. (Nasdaq: HUNT) (the “Company”) today announced that it has entered into definitive agreements pursuant to which it...
April 26th, 2017 | Mergers and Acquisitions, Sales and Purchases | Read More

Denholm Group acquire Bennett & McMahon Agencies

Denholm Group acquire Bennett & McMahon Agencies
The Denholm Group, which celebrated 150 years of trading in 2016, has announced the acquisition of Bennett & McMahon Agencies, by Denholm Global Logistics, the forwarding business of the Groups Logistics Division. Bennett & McMahon, based on the Wirral, was formed in 1994, by Mike McMahon and...
April 26th, 2017 | Logistics, Mergers and Acquisitions | Read More

Dachser acquires majority interest in its Irish partner, Johnston Logistics

Dachser acquires majority interest in its Irish partner, Johnston Logistics
Kempten, April 25, 2017. Effective immediately, Dachser becomes majority shareholder of its partner in Ireland, Johnston Logistics Ltd. This allows Dachser to expand and strengthen its logistics network in northwestern Europe. “Our customers in Ireland benefit from uniform services and quality standards,...
April 25th, 2017 | Land Trasnport, Logistics, Mergers and Acquisitions, News | Read More

The BDI@1,195: what next…

The BDI@1,195: what next…
John Faraclas Time and again we have warned that the markets – both dry and wets, are more than volatile and uncertain and numerous times we have expressed concerns, due to the volatility and uncertainty, on the issue of valuations. How can we get it right and avoid this time the second biggest coming...
April 21st, 2017 | Chartering, Containers, Dry Bulkcarriers, Markets, Mergers and Acquisitions, Military, News, Oil Industry, Reports, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

HFW advises ICTSI on Thessaloniki port privatisation

HFW advises ICTSI on Thessaloniki port privatisation
Alex Kyriakoulis International ports and terminals specialist Holman Fenwick Willan (HFW) is advising International Container Terminal Services Inc. (ICTSI) on its bid for a two-thirds stake in Thessaloniki Port Authority S.A. (ThPA) The privatisation tender was originally launched in April 2014 amidst...
April 4th, 2017 | Legal, Mergers and Acquisitions, Ports & Terminals | Read More

ABB to acquire B&R

ABB to acquire B&R
Shaping leadership in industrial automation Acquisition of B&R (Bernecker + Rainer Industrie-Elektronik GmbH) will close ABB’s historic gap in machine and factory automation Creating a uniquely comprehensive automation portfolio for customers globally B&R is a proven innovation leader in Programmable...
April 4th, 2017 | Marine Equipment Products and Services, Mergers and Acquisitions | Read More

INTTRA Acquires Avantida

INTTRA Acquires Avantida
Combination Will Accelerate the Expansion of Digital Technologies in Landside Container Logistics and Ocean Shipping Parsippany, New Jersey, USA, and Antwerp, Belgium, March 14th 2017 – INTTRA, the world’s ocean shipping electronic marketplace, today announced that it has acquired Avantida,...
March 14th, 2017 | Logistics, Marine Equipment Products and Services, Mergers and Acquisitions, Technical, Technology | Read More

BREXIT and its implications for regulating takeovers in the UK: Why Law matters

BREXIT and its implications for regulating takeovers in the UK: Why Law matters
Dr Georgina Tsagas BREXIT and its implications for regulating takeovers in the UK: Why Law matters By Dr Georgina Tsagas* The regulation of takeovers constitutes a highly sensitive topic insofar as takeovers may be the means by which control over a typically dominant corporation in one EU Member State...
February 17th, 2017 | European Union, Insight, Legal, Mergers and Acquisitions | Read More

RUSCON acquires top Russian logistics company SLG-Operating

RUSCON acquires top Russian logistics company SLG-Operating
Vladimir Bychkov, CEO of GCS RUSCON, a leading container transport company in Russia, has significantly expanded its range of operations through the acquisition of SLG-Operating (Smart Logistics Group-Operating). SLG-Operating is one of Russia’s largest logistics companies, offering warehouse and logistics...
February 15th, 2017 | Logistics, Markets, Mergers and Acquisitions | Read More

ZEABORN Group takes over business operations of Rickmers-Linie and NPC Projects

ZEABORN Group takes over business operations of Rickmers-Linie and NPC Projects
The “Rickmers Singapore” ZEABORN Group takes over business operations of Rickmers-Linie and NPC Projects Takeover includes the Rickmers-Linie business with all locations, employees, management and the charter fleet as well as the subsidiaries, including MCC Marine and NPC Projects Bremen/Hamburg,...
February 9th, 2017 | Company Profiles, Liner Shipping and Trade, Markets, Mergers and Acquisitions | Read More

WaterFront launches a new approach to global ship agency

WaterFront launches a new approach to global ship agency
l to r: Terry Gidlow (CEO), Duncan Ramsay (Chairman), Sharafuddin Sharaf (Founding Shareholder) WaterFront Maritime Services. Sharaf Shipping Agency and Ben Line Agencies join forces to offer global services through WaterFront Maritime Services Leading Middle East and Asian port agencies Sharaf Shipping...
February 7th, 2017 | Company Profiles, Mergers and Acquisitions, News, Person Profiles, Ship Agencies | Read More

Wärtsilä CSSC joint venture opens new engine factory in China

Wärtsilä CSSC joint venture opens new engine factory in China
Wärtsilä Corporation,  9 January 2017 at 11.45 am EET – CSSC Wärtsilä Engine Co Ltd (CWEC), the joint venture company formed between Wärtsilä and China State Shipbuilding Corporation (CSSC), has formally opened its new production facilities located at Lingang, Shanghai. The opening ceremony...
January 9th, 2017 | Marine Equipment Products and Services, Mergers and Acquisitions, Shipbuilding and Shipyards, Technical, Technology | Read More

HILL DICKINSON further strengthens marine practice

HILL DICKINSON further strengthens marine practice
Peter Jackson International law firm Hill Dickinson has reached an agreement that will bring the shipping practice of Swinnerton Moore LLP to the firm. The agreement is expected to be finalised by the end of February and will see founding partners Tony Swinnerton and Lewis Moore join Hill Dickinson’s...
December 21st, 2016 | Company Profiles, Legal, Mergers and Acquisitions, Person Profiles | Read More

Major Port of Trieste investment by EKOL

Major Port of Trieste investment by EKOL
Ekol Logistics has acquired 65% of Europa Multipurpose Terminals, the operator of the port that it uses for its Ro-Ro and unit train services, located in Trieste, Italy. The acquisition is an addition to the region’s most modern Ro-Ro terminal that the company built in Yalova, Turkey. Ekol embarked...
December 12th, 2016 | Logistics, Mergers and Acquisitions, Ports & Terminals | Read More

Steamship Mutual and Allianz Worldwide Care work together to provide crew with complete cover

Steamship Mutual and Allianz Worldwide Care work together to provide crew with complete cover
Steamship Mutual, the leading P&I Club, and Allianz Worldwide Care, one of the World’s foremost providers of healthcare insurance, have entered into a Preferred Partner agreement with the aim of ensuring a ship’s crew have complete insurance coverage. Whilst Steamship Mutual cover an owner’s...
December 7th, 2016 | Mergers and Acquisitions, P and I Clubs | Read More

Lloyd’s Register’s ship emergency response service boosted by Seasafe acquisition

Lloyd’s Register’s ship emergency response service boosted by Seasafe acquisition
London, 6 December 2016 – Lloyd’s Register (LR), the global engineering, technical and business services organisation has added to its portfolio of advanced data, digital and software solutions with the acquisition of Seasafe Marine Software & Computation (Seasafe). An unexpected incident,...
December 6th, 2016 | Classification Societies, IT and Communications, Mergers and Acquisitions | Read More