Kevin Hughes

SIT acquires C.S. Controls

Harahan, La., headquartered Supreme Integrated Technology, Inc. (SIT) has acquired the assets of Houma, La., based C.S. Controls, Inc., a manufacturing company that primarily concentrates in marine applications for the defense and

DOJ Antitrust Division intervenes in Zen-Noh grain elevator acquisition

Zen-Noh Grain’s planned acquisition of Bunge Mississippi River grain elevators has hit a bump in the road. The U.S. Department of Justice has announced that it will require Zen-Noh Grain Corp. (ZGC)

Gibbs & Cox designed destroyer

Leidos completes its acquisition of Gibbs & Cox

Leidos Holdings, Inc. (NYSE: LDOS) reports that it has completed its acquisition of Gibbs & Cox, Inc. for approximately $380 million in cash. Headquartered in Arlington, Va., Gibbs & Cox is the

Lois Zabrocky, President and Chief Executive Officer, International Seaways, Inc.

International Seaways and Diamond S to merge

The boards of International Seaways Inc. (NYSE: INSW) and Diamond S Shipping Inc. (NYSE: DSSI) have unanimously approved a definitive agreement to a merger in which Seaways shareholders will hold approximately 55.75%

Peter Georgiopoulis in United Arab Chemical Carriers swoop

Veteran New York shipowner Peter Georgiopoulis is back in the in the news. United Overseas Group Ltd. (UOC), a company controlled by Georgiopoulos and long time associate Leonidas Vrondissis is to acquire

Turn Services acquires Bayou Fleet

New Orleans headquartered Turn Services—one of the largest independent barge fleeting and shifting companies in the U.S.—reports that it has entered into a definitive agreement to acquire the assets and business of

SEACOR Holdings in $1 billion agreement to go private

SEACOR Holdings Inc. (NYSE:CKH) reports that it has entered into a definitive agreement to take the company private. The agreement, signed with an affiliate of New York-based private equity firm American Industrial

Fairbanks Morse acquires diesel repair and rebuild specialist

Beloit, Wis., headquartered Fairbanks Morse has acquired Houston-based diesel engine repair and rebuilding service provider Breco International Inc. The move will expand service markets for Fairbanks Morse in the commercial marine, oil

Ingram Barge Logo

Acquisition strengthens Ingram Barge’s Houston area reach

Ingram Barge Company LLC reported today that its wholly-owned subsidiary, Houston Fleeting Services LLC, has entered into an agreement to acquire the business assets of Houston-based Cheryl K LLC and San Jacinto

Kongsberg Digital acquires Danish software specialist

Kongsberg Digital has acquired Coach Solutions, a vessel performance and monitoring software specialist spun off by Danish shipping company Clipper Group in 2016. Since then the company has grown rapidly, and its