Crowley Adds 400 New Refrigerated Containers to its Fleet Just in Time for Peak Reefer Cargo Season

Crowley Adds 400 New Refrigerated Containers to its Fleet Just in Time for Peak Reefer Cargo Season

Crowley Logistics has added 400 new refrigerated (reefer) cargo containers to its industry-leading equipment fleet just in time for the peak perishables shipping season beginning in Central America. Images courtesy of …
Dec 7, 2018 /  Vessels
Transocean Ltd. Closes the Acquisition of Ocean Rig UDW Inc.

Transocean Ltd. Closes the Acquisition of Ocean Rig UDW Inc.

Transocean Ltd. (NYSE: RIG) announced today that it has completed the acquisition of Ocean Rig UDW Inc. The acquisition adds nine high-specification ultra-deepwater drillships, two harsh environment semi-submersibles, …
Dec 6, 2018 /  Vessels
Navios Maritime Containers L.P. Announces Acquisition of Two Containerships and Options to Acquire Two more

Navios Maritime Containers L.P. Announces Acquisition of Two Containerships and Options to Acquire Two more

Navios Maritime Containers L.P. (Navios Containers), a growth vehicle dedicated to the container sector, announced that it agreed to acquire two 2010-built, 4,360 TEU containerships for $23.6 million from an unrelated …
Dec 4, 2018 /  Curious
NORDEN adds 2 more MR tankers to its fleet

NORDEN adds 2 more MR tankers to its fleet

NORDEN has purchased 2 South Korean-built MR product tankers from 2009. Both vessels have a deadweight capacity of 50,000 tonnes and the acquisition further expands the NORDEN product tanker fleet ahead of the expected …
Nov 27, 2018 /  Curious
Skangas Becomes Gasum

Skangas Becomes Gasum

The energy company Gasum increased its shareholding in the Liquefied Natural Gas (LNG) company Skangas from 70% to 100% in October 2018. The acquisition is part of the Gasum strategy, a core element of which is to …
Nov 27, 2018 /  Curious
Costamare announces the acquisition of the York Capital Majority Interest in Five 14,000 TEU Containerships with Long Term Charters

Costamare announces the acquisition of the York Capital Majority Interest in Five 14,000 TEU Containerships with Long Term Charters

Costamare Inc. (NYSE: CMRE) announced today the acquisition of the 60% equity interest of York Capital in five 2016 - built 14,000 TEU containerships. The acquisition brings the Company’s ownership interest in …
Nov 19, 2018 /  Finance
Shearwater GeoServices completes acquisition of Schlumberger marine seismic acquisition business

Shearwater GeoServices completes acquisition of Schlumberger marine seismic acquisition business

Shearwater GeoServices Holding AS today announced the completion of the acquisition of the marine seismic acquisition assets and operations of WesternGeco, the geophysical services product line of Schlumberger. The …
Nov 15, 2018 /  Vessels
Kirby Corporation Signs Agreement To Purchase CGBM's Inland Tank Barge Fleet

Kirby Corporation Signs Agreement To Purchase CGBM's Inland Tank Barge Fleet

Kirby Corporation (Kirby) (NYSE: KEX) yesterday announced the signing of an agreement to acquire substantially all of CGBM 100, LLC's (CGBM) inland marine tank barge fleet for an undisclosed amount. Under the terms of …
Nov 13, 2018 /  Curious
Wärtsilä strengthens its position as a global operator in the underwater services market by acquiring Spanish Burriel Navarro

Wärtsilä strengthens its position as a global operator in the underwater services market by acquiring Spanish Burriel Navarro

The technology group Wärtsilä has acquired Burriel Navarro, S.L, a company operating in underwater services in the main ports of Spain. The acquisition supports the growth of Wärtsilä’s …
Nov 1, 2018 /  Vessels
Containerships PLC is part of CMA CGM Group

Containerships PLC is part of CMA CGM Group

Containerships PLC announced earlier today that the Company is now part of the CMA CGM Group, one of the world leading container shipping companies, as per the acquisition process that has been initiated in June this …
Nov 1, 2018 /  Vessels