Mergers & Acquisitions

VLCCF - 4Q & FY 2014 Results

Knightsbridge Shipping Limited ( VLCCF ) reports net income of $5.2 million and earnings per share of $0.06 for the fourth quarter compared with a net loss of $6.

NMM lines up Box Buy

  Navios Maritime Partners L.P. (NMM) an international owner and operator of container and drybulk vessels, announced today that it has secured, for no consideration,

WEC, MTL Partnership Saves 135 Engineering Jobs

 WEC Group has funded a partnership deal to acquire the business and certain assets of metal manufacturing specialist MTL Group out of administration, saving 135 jobs.

SpeedCast Acquires Geolink Satellite Services

SpeedCast International Limited announced the acquisition of Geolink Satellite Services, part of the CETel Group. The closing of the transaction is subject to regulatory approval.

Tenaga Raises Offer Price for Port Operator

Tenaga Nasional Bhd , Malaysia's largest power group, said on Wednesday it has raised the takeover price for Integrax Bhd by 18.2 percent after a leading shareholder

Gulf Keystone in Preliminary Sale Talks

Oil producer Gulf Keystone Petroleum Ltd , battered by a slump in oil prices, said it was in talks with a number of parties about a possible sale of the company or some asset transactions.

Maersk Sheds Danske, to Issue Dividend

Danish shipping and oil group A.P. Moller-Maersk will hand shareholders a $6.6 billion windfall in dividends this year after it sells its 20 percent stake in Denmark's biggest bank Danske.

Southern France Gas Trading Hubs to Merge

The two gas trading hubs in the south of France will merge on April 1, power trading group Powernext said on Tuesday, marking a first step towards a unified French

Tenaga Hits Opposition to Port Operator Move

Tenaga Nasional Bhd , Malaysia's largest power group, hit an obstacle in its attempt to take over Integrax Bhd after a leading shareholder of the port operator rejected its offer on Monday.

NOL Sells APL Logistics to Kintetsu

  Neptune Orient Lines (NOL) has sold APL Logistics (APLL) to Kintetsu World Express (KWE) for $1.2 billion in a stunning deal that gives the Singapore-listed

USCG, Australian Leaders Ink Deal

  Senior leaders from the U.S. Coast Guard and the Australian Federal Police signed a Memorandum of Understanding Friday at U.S. Coast Guard Headquarters to highlight common missions,

Eurasia Drilling, Schlumberger Merger Update

  Eurasia Drilling Company Limited (the "Company") announces that Schlumberger B.V. ("SLB") and the Company are continuing to cooperate with the Russian Federal

M&A Activity Subdued in Transportation, Logistics Sectors

Merger and acquisition (M&A) activity in the transportation and logistics industry remained steady during the fourth quarter of 2014 according to Intersections,

Total to Debut Hybrid Bond

The European corporate market erupted today after yield-starved investors threw over EUR20bn of orders at Total's well-flagged hybrid bond. The French oil major

European Shippers' Council Calls on Competition Authorities to Cooperate

 Shipping alliances will lead to market convergence and will reinforce the risk of reducing service quality and sailing frequency as well as free choice for manufacturers and retailers,

Hempel Opens its First Factory in Africa

Hempel has opened its first factory in Africa, its 26th worldwide, to manufacture coatings for the marine as well as decorative and protective industries to serve customers in Sub-Saharan Africa.

OEG Buys West Australian Oilfield Services Providers

Two West Australian-based oilfield services providers have been purchased by global offshore equipment firm OEG Offshore. The acquisition of Oilfield & Resource

MOL Joins Project to Mark Anniversary of Japan, Brazil Treaty

  Mitsui O.S.K. Lines, Ltd. today announced that MOL cooperated in the transport of the “Tachinepta” float (*1) Samba Carnival (*2) Components of the float, weighing about 5 tons in all,

China Considering Merging State Oil Firms -WSJ

China is considering combining its huge state-controlled oil companies to better compete with the world's biggest producers, the Wall Street Journal reported.   Companies

Hamburg Süd, CCNI Ink Sale and Purchase Deal

Hamburg Südamerikanische Dampfschifffahrts-Gesellschaft KG (Hamburg Süd) has signed a sale and purchase agreement to acquire the container liner activities of Compañía

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