Deal News
Optimarin acquires ballast water treatment competitor Hyde Marine
Norwegian ballast water treatment system manufacturer Optimarin has acquired the Hyde Marine brand from Italy’s De Nora, as it looks…
Australia’s Austal rejects Hanwha takeover bid over approval concerns
Australian shipbuilding and marine technology company Austal has rejected a takeover bid by South Korea’s Hanwha Ocean, citing uncertainty over…
Unique signs $1.7m deal with Kongsberg for mapping equipment
Subsea technology and engineering company Unique Group has signed a $1.7m contract with maritime tech business Kongsberg Discovery for seabed…
CMA CGM completes $5.2bn acquisition of Bolloré Logistics
French shipping company CMA CGM has completed the largest acquisition in its history with the €4.85bn ($5.24bn) purchase of Bolloré…
Chemship installs first wind propulsion tech on chemical tanker
Dutch chemical tanker operator Chemship has become the first to utilise wind assisted propulsion technology after fitting VentoFoils from Econowind…
Acquisition of HMM fails on “management rights”
South Korean container shipping firm HMM will remain in state control after negotiations with Harim Group failed to solidify a…
AD Ports gains full control of Karachi Port’s East Wharf
The UAE’s AD Ports Group is extending its presence at Karachi Port in Pakistan, with a new agreement for bulk…
Okapi Energy buys Yara Marine
Norwegian chemical company Yara has sold its marine technology business Yara Marine Technologies to Okapi Supply Trading Advisory, a part…
ZeroNorth acquires Euronav platform
Danish Maritime technology company ZeroNorth is set to acquire and manage Euronav’s Fleet Automatic Statistics and Tracking (FAST) platform. As part…
Maersk Tankers acquires Penfield Marine
Maersk Tankers, the tanker company owned by A.P. Moller Holding, will further expand its business with the acquisition of US…