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Tagged in acquisition
UK military seize control after stowaways threaten crew of crude oil tanker Nave Andromeda
Seven suspects were detained on Sunday on board an oil tanker in the English Channel off the Isle of Wight after British armed forces stormed the vessel and seized control.Police in the UK earlier reported they were dealing with an ongoing incident …
Oct 26, 2020 / Piracy
Hyundai Heavy Industries in talks with EU over Daewoo acquisition
Hyundai Heavy Industries Holdings Co. has been in talks with the European Union's (EU) antitrust watchdog over its acquisition of Daewoo Shipbuilding & Marine Engineering Co. amid the suspended probe into the deal, a company official said Friday. …
Sep 25, 2020 / Curious
Boskalis expands Salvage presence in the US by acquiring Ardent Americas
Royal Boskalis Westminster N.V. (Boskalis) announces the acquisition of maritime emergency response specialist Ardent Americas LLC (Ardent Americas). Ardent Americas is a leading player under the Oil Pollution Act of 1990 (OPA90) for the provision of …
Apr 9, 2020 / Curious
Polarcus: Project in Asia Pacific cancelled
Polarcus Limited (Polarcus) (OSE: PLCS) refers to its announcement dated 23 December 2019 regarding the award of an XArray™ marine seismic acquisition project in the Asia Pacific region commencing in Q2 2020.The client has decided not to proceed with …
Mar 16, 2020 / Curious
Overseas Shipholding Group, Inc. Announces Purchase of Three Vessels; Acquisition of Alaska Tanker Company, LLC
Overseas Shipholding Group, Inc. (NYSE: OSG) announced Thursday (Mar12) that its subsidiaries have completed the purchase of three U.S.-flagged crude oil carrier vessels, the Alaskan Explorer, Alaskan Legend, and Alaskan Navigator from BP Oil …
Mar 13, 2020 / Vessels
Milaha Expands With Acquisition Of New Floating Dock
Milaha, Qatar’s leading maritime transport and logistics conglomerate, is to expand its facilities with the acquisition of a new floating dock to support vessels repair and dry docking.The dock is set to arrive at the Mesaieed Shipyard in the coming …
Mar 9, 2020 / Vessels
Euronav Announces Acquisition of One VLCC Under Construction
Euronav NV (NYSE: EURN & Euronext: EURN) (Euronav) announces it has entered into an agreement for the acquisition through resale of one VLCC newbuilding contract. Currently completing construction at the DSME shipyard in South Korea this modern …
Mar 6, 2020 / Vessels
GTT Pursues Its Development In Digital With The Acquisition of Icelandic Company Marorka, An Expert In Smart Shipping
GTT announces the acquisition of 100% of the share capital of Marorka from its owners and management team. Based in Iceland and specialized in Smart Shipping[1], the company designs maritime energy monitoring and optimization systems for vessels, …
Feb 21, 2020 / Vessels
Euronav Announces Acquisition of three VLCCs under construction
Euronav NV (NYSE: EURN & Euronext: EURN) (Euronav) announces it has entered into an agreement for the acquisition through resale of three VLCC newbuilding contracts.Key highlightsVessels are the latest generation of Eco-type VLCCsAcquisition …
Feb 12, 2020 / Vessels
Eagle Bulk Shipping Inc. Takes Delivery of MV Shanghai Eagle
Eagle Bulk Shipping Inc. (NASDAQ: EGLE) (Eagle Bulk), one of the world’s largest owner-operators within the Supramax / Ultramax segment, today announced that it has taken delivery of the fifth of six Ultramax drybulk vessels it has recently agreed to …
Nov 26, 2019 / Vessels