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Alfa Laval sets sights on air lubrication tech with new company acquisition

glory 22-03-2023 20:07 Area News
Swedish sustainable solutions provider Alfa Laval has completed the acquisition of Marine Performance Systems (MPS), a Rotterdam-based maritime technology company that has developed the first fluidic air lubrication system...
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TORM swoops in to buy three fuel-efficient MR product tankers

glory 16-03-2023 14:47 Area News
Danish shipping company TORM has inked a deal to acquire three 2013-built MR eco product tankers, pushing its fleet to 88 vessels. The company said the tankers will be bought for a total cash consideration of $48.5...
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Samudera Shipping buys two boxship newbuilds

glory 06-01-2023 17:56 Area News
Singapore’s Samudera Shipping Line has entered into agreements for the acquisition of two newbuild container vessels from an unnamed party. The aggregate acquisition price is approximately $66 million, the company said...
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Hanwha concludes deal for DSME takeover

glory 19-12-2022 20:04 Area News
South Korea’s defense and energy conglomerate Hanwha Group has signed a $1.5 billion deal for the acquisition of a controlling stake in compatriot shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME). The...
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AD Ports to create ‘largest independent feeder carrier’ with $800mln takeover deal

glory 04-11-2022 16:25 Area News
Abu Dhabi-listed AD Ports has signed an agreement to acquire an 80% equity stake in Dubai-based Global Feeder Shipping (GFS), a global container shipping company.  The total purchase consideration for the 80% stake...
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Seaspan’s parent accepts $10.9 billion buyout bid

glory 02-11-2022 14:59 Area News
Atlas Corporation, the owner of the world’s largest lessor of containerships, Seaspan Corporation, has entered into a definitive acquisition deal with the Poseidon Acquisition Corp under which Poseidon will acquire Atlas in...
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