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MacGregor Finally Seals TTS Acquisition

glory 01-08-2019 19:28 Area News
Following several delays, Cargotec’s MacGregor has wrapped up the acquisition of the marine and offshore businesses of TTS Group ASA. First unveiled in February 2018, the asset sale agreement has been valued at around EUR...
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ACCC Expresses Concerns about ANZ Terminals, GrainCorp Deal

glory 25-07-2019 14:14 Area News
The Australian Competition and Consumer Commission (ACCC) has raised “preliminary” concerns about ANZ Terminals’ proposed acquisition of GrainCorp’s Australian Bulk Liquid Terminals business.  Unveiled in March this year...
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MacGregor: China’s Clearance of TTS Acquisition Still Pending

glory 25-06-2019 20:35 Area News
The completion of MacGregor’s acquisition of the maritime and offshore businesses of TTS Group ASA has again been postponed. MacGregor, part of Cargotec, now anticipates the closing of the transaction to take place in the...
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MSC Takes Stake in Italy’s Ignazio Messina

glory 18-06-2019 14:17 Area News
Switzerland-based container shipping major Mediterranean Shipping Company (MSC) has acquired a minority stake in Italian shipping company Ignazio Messina & C. Specifically, MSC and Messina have reached a final...
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Economou Proposes to Acquire DryShips

glory 14-06-2019 14:18 Area News
Marshall Islands-based SPII Holdings has offered to buy Greek ship owner and operator DryShips, which recently wrapped up the acquisition of tanker pool operator Heidmar. As informed, Dryships has received a non-binding...
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DryShips Takes Full Ownership of Heidmar

glory 11-06-2019 11:29 Area News
Greek ship owner and operator DryShips has completed the acquisition of 100% of the issued and outstanding shares of Heidmar, a global tanker pool operator. The company previously indirectly owned around 49.8% of Heidmar...
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PSA, Partners Wrap Up DCT Gdańsk Acquisition

glory 22-05-2019 17:25 Area News
Singapore’s terminal operator PSA International, the Polish Development Fund (PFR) and the IFM Global Infrastructure Fund (GIF) have completed the acquisition of DCT Gdańsk, the largest container terminal in Poland. The...
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Drewry: IMO 2020 to Fuel M&A Activity among Carriers?

glory 02-04-2019 16:48 Area News
Financially vulnerable carriers could be pushed into M&A by the extra costs associated with the new low-sulphur fuel law, according to shipping consultancy Drewry. Although the rising demand and freight rates in the...
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Kongsberg Wraps Up Rolls-Royce Acquisition

glory 02-04-2019 14:33 Area News
Kongsberg Gruppen completed the acquisition of Rolls-Royce Commercial Marine (RRCM) on April 1, after receiving an approval from the European Commission. With the unification of Kongsberg Maritime and RRCM, the company...
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Safe Harbour Tanker Chartering to Become Part of Clarksons Platou

glory 28-03-2019 19:48 Area News
Provider of integrated shipping services Clarksons Platou has decided to acquire Safe Harbour Tanker Chartering, a Connecticut-based shipbrokerage and marine consultancy firm. On March 22, Clarksons Platou Shipping...
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