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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

Gasum acquisition includes two LNG bunkering vessels

Espoo, Finland, headquartered Gasum has closed the acquisition of Linde AG’s LNG and Biogas business in Sweden and Norway and Nauticor’s Marine Bunkering business in Germany. The acquisition is an integral part

Rand Logistics to buy American Steamship

GATX Corporation (NYSE:GATX) today announced that it has entered into a stock purchase agreement for the sale of its American Steamship Company (ASC) business to Rand Logistics, Inc. for a purchase price

Kirby to acquire Savage tank barge and towboat fleet

Houston-headquartered Kirby Corporation (NYSE: KEX) reports that it has signed of a definitive agreement to acquire the inland tank barge and towboat fleet of Savage Inland Marine for approximately $278 million in

Hornblower enters the U.K. tour boat market

Chicago-based Hornblower Cruises & Events has completed its purchase of City Cruises, the U.K.’s biggest tour boat operator. The milestone deal extends the Hornblower Group’s international footprint into the U.K. market for

Cadmatic makes strategic acquisition

Turku, Finland, based Cadmatic Ltd has acquired another Finnish software company, Kymdata Ltd. The strategic acquisition expands Cadmatic’s product portfolio and includes the entire share capital as well as IPRs to all

Boluda closes Kotug Smit Towage acquisition

Boluda Towage, the towing division of Spain’s Boluda Corporación Marítima, has successfully closed the acquisition of the Dutch company Kotug Smit Towage. The transaction strengthens Boluda’s position as leading operator in Europe,

Carlyle Group to be majority owner of new merged Vigor and MHI Ship Repair

The Carlyle Group (NASDAQ: CG) and private equity firm Stellex Capital Management have reached announced a definitive agreement to acquire and merge Portland, Ore., headquartered Vigor Industrial LLC and Norfolk, Va., based

BW Group takes majority stake in Epic Gas

Andreas Sohmen-Pao’s BW Group is on the acquisition trail again. Today it reported that it hadpurchased a 54.7% stake Epic Gas from key shareholders and launched an unconditional tender offer to acquire