Epic Gas Completes Acquisition of two ships

Epic Gas Completes Acquisition of two ships

Epic Gas Ltd. (Epic Gas), the leading LPG shipping solutions company, Friday (Jul12) announced that it has completed the acquisition of two of the four ships that it previously referenced in April 2019. Caption: LPG …
Jul 17, 2019 /  Vessels
DP World Acquires Leading International Marine Logistics Operator Topaz Energy and Marine

DP World Acquires Leading International Marine Logistics Operator Topaz Energy and Marine

DP World PLC announces the acquisition of 100 per cent of Topaz Energy and Marine Limited (Topaz) from Renaissance Services SAOG and Standard Chartered Private Equity/Affirma Capital for an enterprise value of $1,079 …
Jul 2, 2019 /  Vessels
Aqualis completes acquisition of Braemar Technical Services

Aqualis completes acquisition of Braemar Technical Services

Reference is made to the stock exchange notice dated 13 May 2019 where Aqualis ASA and Braemar Shipping Services plc (Braemar) announced an agreement whereby the Company would acquire three business lines (Adjusting, …
Jun 24, 2019 /  Curious
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