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Port News
Zurich buys rival insurer Beazley
Swiss insurance giant Zurich is buying British rival Beazley for £8.1bn ($10.8bn), having had an earlier £7.7bn bid rebuffed. Beazley,…
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Maritime News
Algoma Central Buys Mainstay Maritime’s Canadian Great Lakes Shipping
Canada’s Algoma Central, already one of the largest dry and liquid bulk carriers for the Great Lakes-St. Lawrence region, has…
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Port News
McQuilling buys Spanish broker
New York tanker broker McQuilling has bought Madrid-based Medco Shipbrokers for an undisclosed sum, the latest in a period of…
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Port News
DOF buys two Aurora Offshore anchor handlers in $100m fleet upgrade
Norwegian offshore vessel owner DOF has entered into an agreement to purchase the Aurora Saltfjord and Aurora Sandefjord anchor handlers…
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Maritime News
Hapag-Lloyd Buys ZIM Integrated Shipping in $4.2b Deal
Container shipping group Hapag-Lloyd said on Monday it would buy Israeli rival ZIM Integrated Shipping Services for $4.2 billion in a deal that would…
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Maritime News
AD Ports Buys Spanish Shipyard Astilleros Balenciaga
The Abu Dhabi-based AD Ports acquired a Spanish shipyard as part of its effort to expand in the Mediterranean and…
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Port News
James Fisher buys stake in US autonomous vessel specialist
UK-based marine services group James Fisher and Sons has taken a strategic minority stake in US autonomous vessel specialist Ocean…
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Port News
AD Ports buys into Spanish shipbuilding with Astilleros Balenciaga takeover
AD Ports Group has moved deeper into European shipbuilding after snapping up Spain’s Astilleros Balenciaga shipyard, strengthening its push into…
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Maritime News
Samos Energy Buys Suksan Salamander FSO from Altera Infrastructure
Energy assets investment firm Samos Energy has signed an agreement to acquire the Suksan Salamander floating storage and offloading (FSO)…
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Port News
Greta Shipping buys first boxship
Singapore-based Greta Shipping has taken its first step into vessel ownership, snapping up the 3,534 teu Rio Kobe in a…
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