Liner giant Mediterranean Shipping Co (MSC) has moved to take over Gram Car Carriers (GCC) in a potential deal that values the Oslo-listed tonnage provider at about NOK7.6bn ($700m). The offer of NOK263.69 per share in cash has been made via MSC subsidiary Shipping Agencies Services (SAS) and...
https://splash247.com/msc-launches-700m-takeover-bid-for-gram-car-carriers/
Lady Gaga famously sang that she was “on the edge of glory”. This week, we look at four companies on the edge of….well, something. Let’s check in on two construction companies, a subsea mining venture, and our favourite wind turbine installer. McDermott on the edge Finally, a judge in the UK has...
Offshore drilling giant Transocean has secured more work for its drillships in the US Gulf of Mexico and Angola. The New York-listed contractor revealed in its latest fleet status report that an undisclosed client in the US Gulf had extended the contract for the Deepwater Invictus into July this...
https://splash247.com/transocean-picks-up-extensions-for-drillship-pair/
TFG Marine, Trafigura’s marine fuel supply joint venture with John Fredriksen’s Frontline and Golden Ocean Group, is set to take majority ownership of Spanish bunkering player Vilma Oil Med. The deal for an undisclosed sum is subject to regulatory approvals and is expected to further expand TGF...
https://splash247.com/tfg-marine-snaps-up-spanish-bunker-supplier/
The world’s largest containerline, Mediterranean Shipping Co (MSC), remains very active in the secondhand market. As week 16 starts its buying spree counts 11 ships so far this year according to VesselsValue, without counting data from MB Shipbroking – formerly Maersk Broker – who note that the...
Iranian forces seized a containership operated by Switzerland-based MSC in the Strait of Hormuz on Saturday, April 13. The Portuguese-flagged MSC Aries was some 80 kilometres off the coast of the UAE when it was boarded by Iranian heliborne troops, who subsequently ordered the crew to bring the...
Iran’s Revolutionary Guard Corps (IRGC) Navy has seized a containership belonging to Israeli billionaire Eyal Ofer’s Zodiac Maritime and operated by Mediterranean Shipping Co (MSC) near the Strait of Hormuz. Iran state news agency IRNA reported on Saturday that the Israeli-linked Portuguese-flagged...
https://splash247.com/iran-seizes-zodiac-and-msc-linked-containership/
Established in 2018 and headquartered in Western Australia, Propel Marine has built a strong name for itself as a go-to in Asia-Pacific for marine surveying, project cargo management, marine warranty surveys, inspection, and audit with operations now spanning major Australian ports, extending...
French shipbuilder Chantiers de l’Atlantique has cut the first steel that will be used for the construction of a new cruise ship for MSC Cruises. As with its World-class sisters, the future MSC World Asia will have 22 decks featuring 2,600 guest cabins, over 40,000 total square metres of public...
Helping turn Geneva Dry into a significant Swiss shipping week, broker IFCHOR GALBRAITHS (IG) and law firm Holman Fenwick Willan (HFW) are set to host a seminar and golf day on May 1. Taking place at the Golf & Country Club de Bossey 8 km south of Geneva, invited guests can sign up for a …
https://splash247.com/golf-competition-set-to-tee-off-geneva-dry/