All Mergers and acquisitions articles – Page 46
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Grindrod and Sturrock merge ships agency operations
October 30 - Grindrod and Sturrock Shipping have jointly announced the merger of their respective ships agency operations under a 50:50 joint venture.
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P+S Werft workers offered transfer platform
October 23 - A transfer company is being set up for all 1,750 employees of insolvent German shipbuilder P+S Werften?by the State of Mecklenburg-Western Pomerania, representatives of the works council at P+S Werften, and IG Metall, the dominant metal worke
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AVIC nets Deltamarin
October 18 - AVIC International Investments has signed an agreement to acquire the majority of the shares in Finland based consultancy, ship design and marine engineering company Deltamarin.
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The Friday Flyer
October 12 - With HLPFI staff returning from the Air Cargo Forum in Atlanta and Houston's Breakbulk America event, it's all hands now back on deck at the office. Tales of joint ventures, takeovers and mergers throughout the industry have dominated this we
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Chapman Freeborn extends on board courier services
October 12 - Chapman Freeborn Airchartering has further expanded its specialist On Board Courier (OBC) services with the launch of a new office in Hong Kong.
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Damco acquires Pacific Network Global Logistics
October 12 - Damco is set to acquire PacNet, a leading freight forwarder in China and Australia, with almost 400 employees and a turnover of USD180 million in its last financial year (2011), as well as offices in Italy, India, the UK and the USA.
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No immediate consolidation of liner shipping industry foreseen
October 11 - A recent Alphaliner report suggests that the liner shipping industry is unlikely to see much consolidation in the foreseeable future despite the carriers' present financial difficulties.
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The Friday Flyer
October 5 - With three members of HLPFI staff at the Air Cargo Forum in Atlanta and two others heading to Houston for next week's Breakbulk America's event, it's been a little like the Marie Celeste in our head office this week.The news that Turkey, a key
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Intermarine and Scan-Trans merger
August 15 - Denmark's Scan-Trans Holding A/S and the US-based Intermarine, LLC are merging their operations under the Intermarine brand name.
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Dockwise notes benefits of Fairstar acquisition
August 15 - Headquartered at Breda, in the Netherlands, heavy marine transportation specialist Dockwise has posted revenues of USD216 million for the half-year period ended June 30, 2012, compared to USD198 million in the first half of the previous fiscal
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Dockwise notes benefits of Fairstar acquisition
August 15 - Headquartered at Breda, in the Netherlands, heavy marine transportation specialist Dockwise has posted revenues of USD216 million for the half-year period ended June 30, 2012, compared to USD198 million in the first half of the previous fiscal
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The Friday Flyer
July 20 - Welcome to the Friday Flyer, bringing you a round-up of news from the heavy lift and project forwarding sector which has caught the eyes of the editorial team over the last week.
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ABB acquires Amarcon to expand its marine software offering
July 20 - ABB, a leading power and automation technology group, has agreed to acquire Amarcon BV, a Dutch company that develops and markets software solutions for the shipping industry.
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Questions raised over Fairstar's fifth semi-sub
July 19 - Whilst the battle for ownership of Fairstar Heavy Transport was effectively concluded earlier this week, the intrigue surrounding Dockwise's hostile takeover goes.
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July 16 - ASCO has acquired the remaining 50 percent stake in Scrabster Port Services in Northern Scotland - enhancing its North Sea service offering, particularly in the West of Shetland, writes Adam Flensborg Safikhany.
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Fifth IL-76TD-90VD freighter for Volga-Dnepr
July 2 - Volga-Dnepr Airlines has added a fifth new IL-76TD-90VD cargo aircraft to its fleet. The modernised 50 tonnes capacity freighter performed its first commercial flight last month.
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Summa Group to take controlling stake in FESCO
June 22 - Russia's Summa Group is purchasing a 56 percent stake in Far Eastern Shipping Company, OJSC (part of the FESCO Group) from the Industrial Investors Company.
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Changes at the top for Intermarine
June 22 - Alfred (Al) JV Stanley has joined Intermarine; replacing Andre Grikitis as president and chief executive officer, who will now assume the role of operating chairman.
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Wilh. Wilhelmsen Holding buys stake in NorSea Group
June 19 - Wilh. Wilhelmsen Holding Invest AS (WWHI), a fully owned subsidiary of Wilh. Wilhelmsen Holding ASA (WWH), has signed an agreement to acquire 35.4 percent of the shares in NorSea Group AS (NSG).
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Big news from TOC Europe
June 18 - An exhibition is always a good opportunity for making a significant announcement and that was certainly the case at last week's TOC Europe exhibition in Antwerp.