Greece receives nine bids for 67% stake in Igoumenitsa port
Greece has secured non-binding bids for its 67% interest in Igoumenitsa port as part of a strategy to raise funds…
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,…
30 Sep 2020
HHLA to acquire stake in terminal Piattaforma Logistica Trieste
Hamburger Hafen und Logistik (HHLA) has signed an agreement to acquire a 50.01% stake in the terminal Piattaforma Logistica Trieste (PLT) in the Italian seaport of Trieste. It marks the…
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…