Bollinger Shipyards buys Gulf Island Fabrication’s shipyard facilities
Shipbuilder Bollinger Shipyards has acquired Gulf Island Fabrication’s (GIFI) shipyard facilities in the US for about $28.6m.
Deals
International Marine and Industrial Applicators acquires Main Industries
International Marine and Industrial Applicators (IMIA), a portfolio company of JF Lehman & Company (JFLCO),...
Castor Maritime to acquire Korean-built Aframax tanker
Cyprus-based shipping company Castor Maritime, through a separate wholly-owned subsidiary, has signed an agreement to buy a 2005 Korean-built Aframax...
FourKites acquires Haven and launches next-generation visibility solution
Real-time supply chain visibility solutions provider FourKites has acquired logistics company Haven and introduced Dynamic Ocean, their next-generation shipment visibility...
Ardmore, e1 and Maritime Partners sign LOI to deliver hydrogen power
Element 1 (e1) has signed a letter of intent (LoI) with Maritime Partners (MP) and Ardmore Shipping to establish a...
Østensjø to sell stake in Norway’s Mercator Crewing
The Østensjø group has announced the sale of a 20% stake in Norway’s marine crew and ship management services provider Mercator Crewing to Simon Møkster Shipping. Mercator Crewing provides services…
Austal signs agreement to buy BSE Maritime Solutions
Austal has signed an agreement to buy Australia-based BSE Maritime Solutions Group for an enterprise value of A$27.5m ($19.5m). Operating in Cairns and Brisbane, BSE Maritime Solutions is a ship…
Global Ports to sell Turkey’s Port Akdeniz in $140m deal
Global Ports Holding (GPH) has agreed to sell Turkish company Ortadogu Antalya Liman Isletmeleri (Port Akdeniz), which operates the Akdeniz-Antalya port, for $140m to Qatar-based QTerminals. In its regulatory statement,…
DP World’s Unifeeder acquires three Transworld business units
DP World subsidiary Unifeeder has acquired feeder and regional trade operators from Dubai-based Transworld Group to serve the fast-growing markets. Completed via the Unifeeder ISC (Indian Subcontinent) platform, the subsidiary…
HMM to divest stake in TTI Algeciras to CMA CGM
South Korea’s HMM has signed an agreement with CMA CGM to sell its 50% stake minus one share in Spain’s Total Terminal International (TTI) Algeciras. The financial terms of the…
CCI clears Adani Ports’ acquisition of Krishnapatnam Port
The Competition Commission of India (CCI) has given the approval for Adani Ports and Special Economic Zone’s (Adani Ports) acquisition of Krishnapatnam Port Company (KPCL). The deal includes the acquisition…
