Performance Shipping Inc. Announces Agreements to Acquire Two Aframax Tankers and US$10.0 Million Investment by its Chairman

Performance Shipping Inc. Announces Agreements to Acquire Two Aframax Tankers and US$10.0 Million Investment by its Chairman

Performance Shipping Inc. (NASDAQ:DCIX), yesterday announced that it has agreed to acquire two entities, which have signed contracts to purchase two 2011-built Aframax tanker vessels from an unaffiliated third party …
Jun 12, 2019 /  Curious
Dryships Inc. announces acquisition of 100% of Heidmar Inc

Dryships Inc. announces acquisition of 100% of Heidmar Inc

DryShips Inc. (NASDAQ:DRYS) (DryShips), a diversified owner and operator of ocean-going cargo vessels, yesterday announced it has completed the acquisition of 100% of the issued and outstanding shares of Heidmar Inc. …
Jun 11, 2019 /  Curious
EMGS signs multi-year acquisition contract with PEMEX

EMGS signs multi-year acquisition contract with PEMEX

Reference is made to the stock exchange notifications published by Electromagnetic Geoservices ASA (EMGS) on, respectively, 28 March 2019 and 23 April 2019, wherein the Company informed that it had received a letter of …
Jun 5, 2019 /  Vessels
TORM acquires four modern MR vessel

TORM acquires four modern MR vessel

"We are pleased to expand the fleet with four modern MR vessels at an attractive price point. Looking into an improving demand-supply situation for the transportation of clean petroleum products, we believe that the …
Jun 3, 2019 /  Vessels
CC Industries Announces Acquisition of Southern Towing Company

CC Industries Announces Acquisition of Southern Towing Company

CC Industries, Inc. (CCI) announced today it acquired Southern Towing Company (STC) from Trive Capital and McCombs Partners. Founded in 1958, STC is one of the largest operators of towboats and barges along the inland …
May 31, 2019 /  Vessels
Star Bulk Carriers Corp agrees to acquire eleven dry bulk vessels from Delphin Shipping LLC

Star Bulk Carriers Corp agrees to acquire eleven dry bulk vessels from Delphin Shipping LLC

Star Bulk Carriers Corp. (Star Bulk) (Nasdaq: SBLK, Oslo: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes announced yesterday that it has entered into an en bloc definitive agreement …
May 28, 2019 /  Vessels
Global Ship Lease Announces Agreement to Acquire Three Containerships

Global Ship Lease Announces Agreement to Acquire Three Containerships

7,849 TEU containerships to be employed on long-term charters with Maersk Line Global Ship Lease, Inc. (NYSE:GSL) (GSL), a containership charter owner, Thursday (May23) announced that it has agreed to acquire three …
May 27, 2019 /  Vessels
Shearwater GeoServices brings 10th vessel into active operation as marine seismic acquisition market gains traction

Shearwater GeoServices brings 10th vessel into active operation as marine seismic acquisition market gains traction

Shearwater announced yesterday that the company will have a total of 10 vessels in operation for the 2019 northern hemisphere summer season. This extensive fleet is brought into operation on the back of solid backlog and …
May 22, 2019 /  Vessels
Cosco Shipping to acquire 5 units from Singamas Container Holdings

Cosco Shipping to acquire 5 units from Singamas Container Holdings

Shipping giants, China Cosco Shipping Co. will be acquiring 5 Chinese units from Singaporean rivals Singamas Container Holdings as the global container shipping market undergoes further consolidation. Caption: …
May 14, 2019 /  Curious
Wärtsilä strengthens its UK service support with the acquisition of Ships Electronic Services Ltd

Wärtsilä strengthens its UK service support with the acquisition of Ships Electronic Services Ltd

The technology group Wärtsilä strengthens its service offering by acquiring Ships Electronic Services Ltd (SES), a UK based company specializing in navigation and communication electronics, installation, …
May 3, 2019 /  Vessels