Hyundai Heavy commences the process to obtain regulatory approval in Japan for its DSME acquisition.
acquisition
Tennor Holding Acquires Germany’s Flensburger Schiffbau-Gesellschaft
Germany’s shipbuilder Flensburger Schiffbau-Gesellschaft has been acquired by the investment company Tennor Holding.
Grindrod Shipping to Buy Additional Stake in IVS Bulk
Singapore-based Grindrod Shipping is to up its stake in IVS Bulk joint venture.
https://worldmaritimenews.com/archives/282369/grindrod-shipping-to-buy-additional-stake-in-ivs-bulk/
MacGregor Finally Seals TTS Acquisition
MacGregor has wrapped up the acquisition of the marine and offshore businesses of TTS Group.
https://worldmaritimenews.com/archives/281011/macgregor-finally-seals-tts-acquisition/
McLean Contracting acquires Maryland barge and tug company
On Aug. 1, 2019, Glen Burnie, Md.-based McLean Contracting Co. completed the acquisition of Smith Brothers, a barge and tugboat rental company based in Galesville, Md.
The company will continue to operate under the name Smith Brothers, as a division of McLean. Both McLean and Smith Brothers have served the construction and maritime industries in Maryland for over 100 years.
McLean will take over the entire marine fleet of Smith Brothers which includes deck and material barges, sectional barges,...
ACCC Expresses Concerns about ANZ Terminals, GrainCorp Deal
ACCC has raised “preliminary” concerns about ANZ Terminals’ acquisition of GrainCorp’s liquid terminals.
MacGregor Gets Final Clearance for TTS Deal
Cargotec’s MacGregor receives clearance from the Chinese competition regulator for the acquisition of TTS.
https://worldmaritimenews.com/archives/280061/macgregor-gets-final-clearance-for-tts-deal/
MSC Takes Stake in Italy’s Ignazio Messina
Mediterranean Shipping Company (MSC) acquires a minority stake in Italian shipping company Ignazio Messina & C.
https://worldmaritimenews.com/archives/278781/msc-takes-stake-in-italys-ignazio-messina/
Economou Proposes to Acquire DryShips
SPII Holdings has offered to buy Greek ship owner and operator DryShips, its subsidiary.
https://worldmaritimenews.com/archives/278573/economou-proposes-to-acquire-dryships/
DryShips Takes Full Ownership of Heidmar
DryShips acquired the remaining 50.2% of the pool operator for USD 17 million.
https://worldmaritimenews.com/archives/278326/dryships-takes-full-ownership-of-heidmar/