Going forward Penfield Marine will operate under the Maersk Tankers brand

Maersk Tankers acquires Penfield Marine

Maersk Tankers has acquired Southport, Conn., headquartered Penfield Marine. Founded in 2012 by Tim Brennan and Eric Haughn, Penfield describes itself as “a boutique commercial management company operating tankers around the world

FMD to acquire Truflow Marine
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Fairbanks Morse Defense acquires metalworking specialist Samtan

Malden, Mass., based single-source metalworking supplier Samtan Engineering Corporation has been acquired by Fairbanks Morse Defense (FMD). The acquisition brings Samtan’s shearing, punching, forming, machining, fabrication, and assembly capabilities into the FMD