Ørsted to acquire Deepwater Wind for $510 million

OCTOBER 9, 2018 – Danish headquartered Ørsted A/S, the world’s largest developer of offshore wind farms, has entered into an agreement with the D.E. Shaw Group to acquire a 100% equity interest

Spurned, BW LPG sends Dorian LPG “Dear John” letter

OCTOBER 8, 2018 — BW LPG Limited (OSE: BWLPG) has withdrawn its proposal to combine with Dorian LPG Ltd. due, it says, to Dorian’s “continued refusal to give a meaningful response to

NAO and Canada’s Horizon Maritime plan to combine

OCTOBER 1, 2018 — Nordic American Offshore Ltd (NYSE: NAO) reports that it has entered into a Memorandum of Understanding (MOU) contemplating a combination with Canada based Horizon Maritime Services Ltd. Subject

Dorian LPG: We’re talking to BW LPG about its offer

SEPTEMBER 21, 2018 — Could a major merger in the LPG carrier sector be in the works after all? In a filing with the SEC, Dorian LPG Ltd. (NYSE: LPG) reports that

Viking Life-Saving Equipment acquires Norsafe

SEPTEMBER 5, 2018 — Esbjerg, Denmark, headquartered maritime safety equipment manufacturer and service provider Viking Life-Saving Equipment A/S has acquired Arendal, Norway, based lifeboat builder Norsafe AS. The parties have agreed not

Transocean to acquire Ocean Rig for $2.7 billion

SEPTEMBER 4, 2018 — Offshore drilling contractors Transocean Ltd. (NYSE: RIG) and Ocean Rig UDW Inc. (NASDAQ: ORIG) report that they have entered into a definitive merger agreement under which Transocean will

GulfMark Offshore: We’ll talk to Harvey Gulf

AUGUST 30, 2018 — In a filing with the SEC on its planned merger with Tidewater, GulfMark Offshore, Inc. (NYSE: GLF), says that its board has determined that a non-binding, unsolicited proposal

Dorian LPG reports loss-making quarter

AUGUST 10, 2018 — Stamford, CT, headquartered Dorian LPG Ltd. (NYSE: LPG), which continues to be the subject of a take-over offer from BW Gas, has reported results for the three months

Harvey Gulf spells out details of proposed reverse merger with GulfMark

AUGUST 6, 2018 – HGIM Corp (Harley Gulf International Marine) today confirmed that it made a proposal to GulfMark Offshore, Inc. (NYSE: GLF) on August 1, 2018, to combine the companies through

GulfMark Offshore gets merger proposal from Harvey Gulf

AUGUST 6, 2018 — Seems like nothing can ever be taken for granted in the offshore services sector. Last month we reported that the boards of Tidewater Inc. (NYSE: TDW) and GulfMark

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