Qube Holdings has officially agreed to be acquired by Macquarie Asset Management following nearly three months of negotiations. The deal implies an enterprise value of approximately A11.7billion(US8.3 billion) for Australia’s…
The Management Board of Hapag-Lloyd has officially confirmed that it is in advanced negotiations to acquire all shares of ZIM Integrated Shipping Services.The potential deal is valued at more than…
Kalmar has secured a significant order from Maher Terminals LLC for 30 hybrid straddle carriers. These units are set for deployment at Maher’s facility in the Port of New York…
South Korean private equity giant Hahn & Company is making a major move in the tanker market. The firm has agreed to sell 10 Very Large Crude Carriers (VLCCs) from…
MTN, a pioneer in Low Earth Orbit (LEO) technology, has finalized a major agreement to become an authorized reseller of Amazon Leo (Amazon’s satellite internet service). This deal opens the…
Transocean has struck a deal to acquire competitor Valaris in a $6 billion stock transaction.It effectively creates the largest offshore drilling contractor on the planet, with a combined enterprise value…
Vigor Marine Group, one of the most critical names in US ship repair, has a new owner. French private equity firm Antin Infrastructure Partners has reached an agreement to buy…
The third-largest container shipping company, CMA CGM Group, has completed the acquisition of one of the UK’s leading intermodal rail freight operators, Freightliner Ltd. Freightliner has announced the update with…
Greek tanker owner Metrostar Management Corp, backed by Theodore Angelopoulos, is re-entering the container shipping sector.Metrostar has acquired two 1,296 teu container vessels from compatriot Contships Management the Contship Eve…
A.P. Moller Holding Launches Voluntary Offer to Acquire and Delist Svitzer Group In a decisive move to strengthen its portfolio and support long-term growth, A.P. Moller Holding has announced a…
Kiyaan Singh