One of America’s best known Great Lakes shipbuilders has come under new ownership. Superior, Wis.-based Fraser Industries LLC has been acquired by Infrastructure Acquisition Partners LLC, a joint venture between Norway’s Cleaves
A Singapore maritime mega merger that has been the subject of speculation for years looks like it’s finally going to happen. Keppel Corporation Limited and Sembcorp Marine Ltd have entered today into
In a deal that puts together two Oslo, Norway, headquartered containership operators, MPC Container Ships ASA has agreed to acquire Arne Blystad led Songa Container AS for an aggregate purchase price of
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
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)
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
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%
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
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 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
