Cyan Renewables, Asia’s leading offshore wind services operator based in Singapore, today announced its acquisition of Australian offshore marine services provider MMA Offshore (ASX:MRM) for USD 702 million. The transaction…
https://gcaptain.com/cyan-renewables-acquires-mma-offshore-for-702-million/
The Trafigura Group has successfully acquired Gearbulk’s 50 percent share in the joint venture company High Heat Tankers (HHT). The strategic move marks a significant milestone in Trafigura’s long-term commitment…
https://gcaptain.com/trafigura-group-expands-high-heat-tanker-fleet/
Saltchuk Resources Inc. reports that it has successfully completed its previously announced tender offer to acquire all of the outstanding shares of common stock of Overseas Shipholding Group Inc. (NYSE: OSG) not already owned by Saltchuk for a purchase price of $8.50 per share in cash, an enterprise value of approximately $950 million. The transaction closed this morning, and OSG is now a wholly owned subsidiary of Saltchuk.
“With OSG, Saltchuk now numbers...
https://www.marinelog.com/news/saltchuk-resources-completes-osg-acquisition/
Saltchuk Resources, Inc. has successfully completed its tender offer to acquire all outstanding shares of Overseas Shipholding Group, Inc. (NYSE: OSG) for $8.50 per share in cash, valuing the transaction…
https://gcaptain.com/saltchuk-completes-acquisition-of-overseas-shipholding-group-for-950-million/
Royal Boskalis B.V. (Boskalis) has signed an agreement to acquire the remaining 50% shares in Smit Lamnalco, thereby taking full ownership of the company. Smit Lamnalco, known for providing terminal…
https://gcaptain.com/boskalis-to-fully-acquire-smit-lamnalco/
Norwegian-based shipowner Ocean Yield AS has announced an agreement to purchase infrastructure fund CVC DIF’s share in the French company Geogas LNG. The acquisition provides Ocean Yield with an indirect…
https://gcaptain.com/ocean-yield-enters-lng-carrier-segment/
DOF Group ASA will acquire Maersk Supply Service A/S (MSS) for approximately USD 1.112 billion. The deal will be financed through a combination of cash and new shares, resulting in…
https://gcaptain.com/dof-to-acquire-maersk-supply-service-in-1-1-billion-deal/
By Eyk Henning, Dinesh Nair and Sara Sjolin (Bloomberg) — A.P. Moller-Maersk A/S withdrew its bid for DB Schenker, the logistics unit of Deutsche Bahn AG that’s been reported to be…
SAS Shipping Agencies Services Sàrl (SAS) has received acceptances for approximately 93.56% of Gram Car Carriers ASA’s (GCC) issued share capital, marking a significant step in its offer to acquire…
https://gcaptain.com/sas-achieves-key-milestone-in-gram-car-carriers-acquisition/
U.S. shipbuilder Philly Shipyard will be sold to South Korean conglomerate Hanwha in a deal value at $100 million. The confirmation comes after months of rumors that the two parties…
https://gcaptain.com/philly-shipyard-sold-to-hanwha-for-100-million/