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Tagged in joint venture

Eni and bp to explore combining Angolan interests into new joint venture

bp and Eni announced last week that they have entered into a non-binding memorandum of understanding (MoU) to progress detailed discussions on combining their upstream portfolios in Angola, including all their oil, gas and LNG interests in the …
May 28, 2021 / Curious

Jumbo Shipping and SAL Heavy Lift launch Jumbo-SAL-Alliance

Joint venture creates a new commercial heavy weight in project and breakbulk shipping with a fleet of 30 advanced heavy lift vesselsWednesday (Apr15), the heavy-lift industry sees a new and powerful constellation unfold. Jumbo Shipping, the Dutch …
Apr 15, 2021 / Curious

Jumbo and SAL intend to form joint venture

SAL, the German-based breakbulk and project cargo specialist, and Jumbo, the Dutch maritime heavy lift transport and installation contractor, have announced their intention to form a joint venture. Combining a large part of their fleets, engineering …
Mar 5, 2021 / Curious

Stolt Tankers and John T Essberger Announce European Joint Venture

Stolt-Nielsen Limited (Oslo Børs: SNI) announced today that its wholly-owned subsidiary, Stolt Tankers B.V., has entered into a joint venture with the John T. Essberger Group for the operation of their combined parcel tanker fleets trading within …
Nov 9, 2020 / Curious

Thome Group and Carsten Rehder Agree to a Joint Venture

The Thome Group and Carsten Rehder have agreed to cooperate in a joint venture.Under the agreement, a new company will be set up to take over the ship management of Carsten Rehder’s owned and managed fleet of mainly dry bulk, container and …
Oct 4, 2020 / Curious

SEACOR Marine Announces Agreement to Consolidate SEACOSCO Joint Venture

SEACOR Marine Holdings Inc. (NYSE: SMHI) (SEACOR Marine), a leading provider of marine and support transportation services to offshore oil and natural gas and wind farm facilities worldwide, announced on Jun 04 that a wholly-owned subsidiary of the …
Jun 8, 2020 / Finance

V.Group and Team Tankers International Ltd. announce joint venture

Team Tankers International Ltd. (Team) has announced a joint vent ship management specialist V.Group, whereby Team will transfer its in-house managed fleet, consisting of ten MRs and two 25k coated vessels, to the JV, along with its on shore …
Mar 17, 2020 / Vessels

Euronav acquires two Suezmax in joint venture

Euronav NV (NYSE: EURN & Euronext: EURN) (Euronav) announces it has entered into a joint venture together with affiliates of Ridgebury Tankers and clients of Tufton Oceanic. Each 50%-50% joint venture company has acquired one Suezmax vessel. …
Nov 19, 2019 / Vessels

Boskalis complete sale of its equity stake in Saam Smit Towage to SAAM for USD 200 million

Royal Boskalis Westminster N.V. (Boskalis) has completed the sale of its equity stake in Saam Smit Towage to SAAM S.A. (SAAM). The intended sale was announced on 11 February 2019. In line with the initial announcement, Boskalis received approximately …
Oct 30, 2019 / Curious

POSH Acquires Full Stake In Pacific Workboats Joint Venture As Part Of Ongoing Business Review

Offshore marine services provider, PACC Offshore Services Holdings Ltd. (POSH), yesterday announced the signing of an agreement with Dolphin Shipping Company Pte Ltd (Dolphin) to acquire the remaining equity stake in their Pacific Workboats Pte Ltd …
Oct 10, 2019 / Curious