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
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
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
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
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 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,
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
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
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
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
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