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Maritime News
Greece to Buy Two Frigates From Italy
Greece finalised a deal on Tuesday for the purchase of two Bergamini class frigates from Italy, its defence ministry said,…
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Maritime News
Hanwha Offers to Buy Austal USA
The U.S. division of South Korean shipbuilding giant Hanwha has made a non-binding offer to buy Austal USA, the American…
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Maritime News
ABB to Buy Rotork in $5.5B Automation Deal
ABB has agreed to acquire UK-based intelligent flow control solutions provider Rotork in a recommended all-cash deal valuing the company…
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Marine World
CMA CGM to Buy FedEx Supply Chain for $1.4 Billion, Expanding North American Logistics Business
The CMA CGM Group has agreed to acquire FedEx Supply Chain from FedEx in a deal valued at $1.4 billion, significantly expanding its North American contract…
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Maritime News
Rocket Lab to Buy Iridium for $8 Billion
Iridium, the high-uptime LEO satcom operator, will soon be acquired by launch services company Rocket Lab, the two firms announced…
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Maritime News
Rheinmetall and MSC in Negotiations to Buy Romania’s Mangalia Shipyard
German industrial giant Rheinmetall confirmed it is discussing a deal with MSC Mediterranean Shipping Company for the two companies to…
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Port News
Chouest builds decommissioning platform with Helix Alliance buy
US offshore player Chouest Group has completed the acquisition of the Alliance business from compatriot Helix Energy Solutions, folding the…
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Port News
NextGeo tightens grip on Rana Subsea with fresh stake buy
Italy’s Next Geosolutions (NextGeo) has moved to tighten its control over Rana Subsea, exercising an option to acquire a further…
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Port News
North Star grows fleet to 14 vessels with latest SOV quartet buy
After Norwind Offshore announced it had closed the acquisition of six CSOVs from Edda Wind, UK offshore vessel owner North…
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Port News
Asyad Shipping enters kamsarmax space with $73m bulker buy
Oman’s Asyad Shipping has taken its first step into the kamsarmax segment, agreeing to acquire two modern bulkers as it…
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