PSA, PFR and GIF complete the acquisition of DCT Gdańsk, the largest container terminal in Poland.
https://worldmaritimenews.com/archives/277249/psa-partners-wrap-up-dct-gdansk-acquisition/
acquisition
Entertainment Cruises acquires Canadian cruise operator
Entertainment Cruises, Chicago, has acquired 1000 Islands operator Gananoque Boat Line (GBL), Gananoque, Ontario, Canada. The completion of the transaction further extends the company’s presence in Canada, where it already owns Toronto-based Mariposa Cruises and expands its portfolio to 53 vessels serving upwards of 2.6 million guests across 12 locations in North America. No price has been announced.
Gananoque Boat Line is the 1000 Islands largest hospitality cruise operator. Its fleet...
Kongsberg Wraps Up Rolls-Royce Acquisition
Work on integration begins as Kongsberg finalizes acquisition of Rolls-Royce Commercial Marine on April 1.
https://worldmaritimenews.com/archives/274235/kongsberg-wraps-up-rolls-royce-acquisition/
Drewry: IMO 2020 to Fuel M&A Activity among Carriers?
Drewry: Extra costs associated with IMO 2020 sulphur cap could push financially vulnerable carriers into M&A.
https://worldmaritimenews.com/archives/274279/drewry-imo-2020-to-fuel-ma-activity-among-carriers/
Safe Harbour Tanker Chartering to Become Part of Clarksons Platou
Clarksons Platou is to acquire Safe Harbour Tanker Chartering.
China Delays MacGregor’s TTS Acquisition
MacGregor expects to close its acquisition of TTS Group’s businesses in Q2 2019.
https://worldmaritimenews.com/archives/273702/china-delays-macgregors-tts-acquisition/
Hyundai Heavy Inks Formal Contract to Take Over DSME
HHI signs a formal deal to proceed with the acquisition of DSME.
https://worldmaritimenews.com/archives/272782/hyundai-heavy-inks-formal-contract-to-take-over-dsme/
HHI Group Signs Definitive Agreement To Acquire DSME
Hyundai Heavy Industries (HHI) Group and Korea Development Bank (KDB) signed on Friday a definitive agreement to acquire Daewoo Shipbuilding & Marine Engineering (DSME), in the presence of Kwon Oh-gap, Vice Chairman & CEO of HHI Holdings; Ka Sam-hyun, President & CEO of HHI; and Lee Dong-gull, Chairman & CEO of KDB. Under this definitive agreement that builds on the heads of agreement signed between HHI and KDB on January 31, 2019, KDB will make a contribution-in-kind to Korea Shipbuilding &...
https://www.marineinsight.com/shipping-news/hhi-group-signs-definitive-agreement-to-acquire-dsme/
DP World Expands with Purchase of UK’s P&O Ferries
DP World acquired the pan-European logistics company P&O Ferries for a price of GBP 322 million (USD 421 million).
https://worldmaritimenews.com/archives/271709/dp-world-expands-with-purchase-of-uks-po-ferries/
Maersk pushes logistics ambition, buying US customs house brokerage specialist
Maersk has taken another step towards offering a complete logistics service, as the lines between carriers and forwarders continue to blur.
The news came as CMA CGM made a public tender offer on Tuesday of Sfr30 for the remaining two thirds of Ceva Logistics it does not already own, making it a $1.65bn deal, which has been approved by the European Commission.
The Danish shipping line announced yesterday it had acquired Vandegrift, …
The post Maersk pushes logistics ambition, buying US customs...