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
mergers and acquisitions
Korea shipbuilding mega merger hits a snag
A much ballyhooed potential merger of Korean shipbuilding giants Hyundai Heavy Industries and Daewoo Shipbuilding & Marine Engineering (DSME) has run into a snag. Unionized workers at both shipbuilders are determined to
American Queen Steamboat closes Victory acquisition
JANUARY 14, 2019 — New Albany, Indiana, headquartered American Queen Steamboat Company (AQSC), a leader in U.S. overnight river cruising, reports closed on the purchase of the Victory I and sister ship
EC to investigate Fincantieri acquisition of Chantiers de l’Atlantique
JANUARY 8, 2019 — If you thought that Fincantieri’s acquisition of Chantiers de l’Atlantique was a done deal, think again. The European Commission today said that it has agreed to a request
Aquaculture acquisition: InnovaSea to buy Nortek Akvakultur
JANUARY 4, 2018 — Boston, MA, based InnovaSea Systems, which produces open-ocean fish farming systems, has entered into a definitive agreement to acquire Norway-based Nortek Akvakultur, a provider of environmental data to
Huntington Ingalls acquires cybersecurity specialist G2
DECEMBER 4, 2018 — Huntington Ingalls Industries (NYSE:HII) reported yesterday that it has acquired G2 Inc., a cybersecurity solutions and services company headquartered in Annapolis Junction, MD. G2 will join HII’s Technical
Capital Products to merge tankers into Diamond S
NOVEMBER 28, 2018 — Capital Product Partners L.P. (NASDAQ: CPLP) and privately held DSS Holdings L.P. have entered an agreement that will see Capital Products spin off its crude and product tanker
Tidewater, GulfMark merger creates OSV giant
NOVEMBER 15, 2018 — Offshore services giant Tidewater Inc. (NYSE: TDW) today announced the successful completion of its merger with GulfMark Offshore, Inc., after the relevant proposals were approved by over 99%
Kirby buying 27 tank barge CGBM fleet
NOVEMBER 13, 2018 — Kirby Corporation (NYSE: KEX) says it has signed an agreement to acquire substantially all of CGBM 100, LLC’s inland marine tank barge fleet for an undisclosed amount. Under
J.F. Lehman acquires vessel preservation specialist IMIA
OCTOBER 29, 2018 — Private equity investment firm J.F. Lehman & Company (JFLCO) reports that an investment affiliate has acquired International Marine & Industrial Applicators, LLC and Craft and Technical Solutions, LLC