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Euronav completes merger with Gener8 Maritime

Euronav completes merger with Gener8 Maritime

Euronav NV (NYSE: EURN & Euronext: EURN) (Euronav) announces that it has successfully concluded the merger with Gener8 Maritime. The 60.9 million new shares issued to Gener8 shareholders as consideration for the …
Jun 13, 2018 /  Vessels
Port of Oakland ready for Japan’s merged shipping lines to call

Port of Oakland ready for Japan’s merged shipping lines to call

Port of Oakland officials said today they expect little difficulty when Japan’s newly merged shipping line arrives next month.  The Port predicted normal operations as container carriers MOL, NYK and K Line …
Mar 28, 2018 /  Curious
Bibby Offshore/Rever Merger Creates Significant Value and Flexibility for Clients

Bibby Offshore/Rever Merger Creates Significant Value and Flexibility for Clients

Fara Holdco Limited (“Fara”), owners of the Bibby Offshore group of companies (Bibby), Friday announced a merger with Rever Offshore AS (Rever).  Rever’s subsidiaries include CECON Contracting AS …
Mar 19, 2018 /  Vessels
iContainers: Shipping Carriers’ M&A activities in 2018 to wane

iContainers: Shipping Carriers’ M&A activities in 2018 to wane

Online freight forwarder iContainers says that mergers and acquisitions activities for shipping carriers are likely to slow down in 2018. Instead, this is likely to pivot to freight forwarders, where the industry can …
Feb 26, 2018 /  Curious
MOL: Notice of Completion of Necessary Legal Process in All Countries/Regions for New JV in the Container Shipping Business

MOL: Notice of Completion of Necessary Legal Process in All Countries/Regions for New JV in the Container Shipping Business

Kawasaki Kisen Kaisha, Ltd., Mitsui O.S.K. Lines, Ltd., and Nippon Yusen Kabushiki Kaisha today announced that their new joint venture company, Ocean Network Express Pte. Ltd., established in July 2017, has received all …
Jan 18, 2018 /  Vessels
Schulte Group acquires PRONAV

Schulte Group acquires PRONAV

Traditional Shipowner and Shipmanager strengthens its LNG business The Schulte Group has signed a contract for the acquisition of 100% of the shares in the prestigious LNG ship manager PRONAV - subject to merger …
Jan 9, 2018 /  Finance
Euronav NV and Gener8 Maritime, Inc. announce merger agreement

Euronav NV and Gener8 Maritime, Inc. announce merger agreement

The Boards of Euronav NV (NYSE: EURN & Euronext: EURN) (Euronav) and Gener8 Maritime, Inc. (NYSE: GNRT) (Gener8) announced earlier today that they have reached an agreement on a stock-for-stock merger for the entire …
Dec 21, 2017 /  Finance
Port of Ghent and Zeeland Seaports merge into North Sea Port

Port of Ghent and Zeeland Seaports merge into North Sea Port

Cross-border merger leads to new European top-10-player The merger agreement between Zeeland Seaports and Ghent Port Company was signed on Friday 8 December. All eight shareholders of both ports agreed with the merger …
Dec 12, 2017 /  Curious
Hapag-Lloyd successfully completes integration with UASC

Hapag-Lloyd successfully completes integration with UASC

Thursday (Nov30), Hapag-Lloyd successfully completed the integration of UASC into the Group. At a gathering of the shipping company’s global management in Hamburg, Rolf Habben Jansen, CEO of Hapag-Lloyd AG, …
Dec 4, 2017 /  Vessels
CMA CGM Group merges its subsidiaries MacAndrews and OPDR

CMA CGM Group merges its subsidiaries MacAndrews and OPDR

MacAndrews: a unique brand to strengthen CMA CGM’s European multimodal offer and accelerate its development A merger completed on January 1, 2018 The CMA CGM Group, a world leader in maritime transport, …
Dec 4, 2017 /  Curious