30 Oct 2020

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…

23 Oct 2020

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…

22 Oct 2020

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,…

29 Sep 2020

Pangaea raises interest in subsidiary NBHC to 66.7%

Pangaea Logistics Solutions has acquired an additional one-third equity interest in Nordic Bulk Holding Company (NBHC), its partially owned subsidiary, from one of the current shareholders. The acquisition will increase…

24 Sep 2020

HHI in talks with EU regulators on $1.8bn DSME merger deal

South Korean shipbuilder Hyundai Heavy Industries (HHI) is in talks with EU antitrust regulators regarding the $1.8bn merger with Daewoo Shipbuilding & Marine Engineering (DSME). HHI aims to address the…