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The Snam, Enagás, Fluxys consortium signs the agreements for the acquisition of 66% of the Greek operator DESFA

The Snam, Enagás, Fluxys consortium signs the agreements for the acquisition of 66% of the Greek operator DESFA

The European consortium consisting of Snam (60%), Enagás (20%) and Fluxys (20%) signed today in Athens the agreements with the Hellenic Republic Asset Development Fund (HRADF) and Hellenic Petroleum for the …
Jul 20, 2018 /  Curious
MPC Container Ships ASA buys 2012-built containership

MPC Container Ships ASA buys 2012-built containership

MPC Container Ships ASA announced yesterday that it has entered into an agreement to acquire a 1,740 TEU geared container vessel built in 2012 at Guangzhou Wenchong Shipyard, China (tbn "AS SELINA"). The purchase price …
Jul 20, 2018 /  Vessels
Ocean Infinity to charter Island Pride

Ocean Infinity to charter Island Pride

Ocean Infinity has agreed on a seven-year contract with Island Offshore for Island Pride.  The vessel will expand Ocean Infinity’s platform for AUV data acquisition and analysis, and support a variety of …
Jul 10, 2018 /  Vessels
Costamare Inc. Signs Shipbuilding Contracts for 5 Newbuildings and Announces the Acquisition and Chartering of 2 Secondhand Containerships

Costamare Inc. Signs Shipbuilding Contracts for 5 Newbuildings and Announces the Acquisition and Chartering of 2 Secondhand Containerships

Costamare Inc. (NYSE: CMRE) announced today the conclusion of shipbuilding contracts and long-term charter agreements for five newbuild containerships, as well as the acquisition and chartering of two secondhand …
Jul 9, 2018 /  Vessels
Star Bulk Carriers Corp announces closing of acquisition of 15 dry bulk vessel from Songa Bulk ASA

Star Bulk Carriers Corp announces closing of acquisition of 15 dry bulk vessel from Songa Bulk ASA

Star Bulk Carriers Corp. (Star Bulk) (NASDAQ:SBLK), announced Friday that it has closed the previously announced acquisition of fifteen (15) operating dry bulk vessels (the “Vessels”) from Songa Bulk ASA …
Jul 9, 2018 /  Vessels
KONGSBERG has entered into agreement to acquire Rolls-Royce Commercial Marine

KONGSBERG has entered into agreement to acquire Rolls-Royce Commercial Marine

Kongsberg Gruppen ASA (KONGSBERG) today entered into agreement with Rolls-Royce plc to acquire Rolls-Royce Commercial Marine, a world-leading technology business within maritime operations. The transaction is structured …
Jul 6, 2018 /  Finance
APSEZ completes acquisition of Kattupalli port – Southern India’s new EXIM gateway - from L&T

APSEZ completes acquisition of Kattupalli port – Southern India’s new EXIM gateway - from L&T

Adani Ports and Special Economic Zone Ltd, (APSEZ), India’s largest port developer and part of the Adani Group, announced that it has executed Share Purchase Agreement between Larsen and Toubro Limited, Marine …
Jul 2, 2018 /  Curious
Star Bulk Carriers Corp. Announces Closing of Acquisition of 3 Dry Bulk Vessels From Oceanbulk Container Carriers LLC

Star Bulk Carriers Corp. Announces Closing of Acquisition of 3 Dry Bulk Vessels From Oceanbulk Container Carriers LLC

Star Bulk Carriers Corp. (Star Bulk) (Nasdaq:SBLK) yesterday announced that it has closed the previously announced acquisition of three newbuilding Newcastlemax dry bulk vessels in an all-share transaction (OCC Vessel …
Jun 29, 2018 /  Curious
CMA CGM to acquire CONTAINERSHIPS, a leader in intra-regional transportation in Northern Europe

CMA CGM to acquire CONTAINERSHIPS, a leader in intra-regional transportation in Northern Europe

CMA CGM strengthens its strategy aimed at densifying its regional network  CMA CGM Group, a leading worldwide shipping Group, announced earlier today the signature of an agreement between CMA CGM and Container …
Jun 20, 2018 /  Curious
MOL to Make Full-scale Move into Subsea Support Vessel Business by Acquiring Stake in AKOFS of Norway

MOL to Make Full-scale Move into Subsea Support Vessel Business by Acquiring Stake in AKOFS of Norway

TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL) today announced that MOL and Mitsui & Co., Ltd. have entered into a share purchase agreement to acquire shares in AKOFS Offshore AS, which is owned by Akastor ASA. After in-kind …
Jun 19, 2018 /  Curious