Stolt-Nielsen Limited reports that, through its subsidiary Stolt-Nielsen Gas, it has entered into a share purchase agreement to sell 50% of Avenir LNG Limited to Nippon Yusen Kabushiki Kaisha (NYK Line). Founded
Dallas-headquartered Arcosa Inc. (NYSE: ACA) reports that it has entered into a definitive agreement to sell its barge business, Arcosa Marine Products Inc., to private equity firm Wynnchurch Capital L.P. for $450
More consolidation in the container shipping business: Hamburg-headquartered Hapag-Lloyd and Haifa, Israel-headquartered ZIM Integrated Shipping Services Ltd have signed an agreement under which Hapag-Lloyd will acquire 100% of ZIM’s shares for a
Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) says that it and privately-owned Saltchuk Resources, Inc. have reached a definitive agreement for Saltchuk to acquire Great Lakes at an aggregate equity value
New York City-headquartered investment firm Stonepeak is to acquire a majority controlling interest in Castrol from BP p.l.c. in a transaction valuing the business at an enterprise value of approximately $10.1 billion.
Convent, La.-based Turn Services LLC reports that it has signed a definitive agreement to acquire the assets of Garyville, La.-based St. John Fleeting LLC , a multifunctional inland marine and transportation company
Copenhagen-headquartered Svitzer Group A/S has acquired a 66.6% stake in leading Norwegian towage and marine service company Buksér og Berging AS, subject to final regulatory approvals. Svitzer says that there are no
Moran Towing Corporation reports that it has acquired Bisso Towboat Co., Inc, as a long-term investment in the ongoing growth of New Orleans and the lower Mississippi River region. Founded in 1860,
Maritime Partners LLC reports that its flagship fund has acquired Centerline Logistics Corporation a leading marine transportation company operating along the West Coast, East Coast and Gulf Coast of the United States.
Nanterre, France-headquartered VINCI Energies has signed an agreement to acquire Hamburg-based Wärtsilä SAM Electronics GmbH. The company is active in the field of electrical and automation integration for the German Navy and
