Mergers & Acquisitions

SUBSEA SERVICES

SUBSEA SERVICES

Rosenxt UK Ltd has acquired selected assets and talent from Rovco Limited “Beam”, the subsea robotics and engineering firm which went into administration in May.

7th July 2025

Rosenxt acquires Beam subsea assets

7th July 2025

VESSELS

VESSELS

ABB is set to expand its marine electrification capabilities with the acquisition of French power electronics firm BrightLoop.

21st May 2025

ABB expands its marine electrification capabilities

21st May 2025

INDUSTRY NEWS

INDUSTRY NEWS

As talks of a merger progress between offshore engineering giants Subsea7 and Saipem, Subsea 7 CEO John Evans has given a positive outlook after Q1 2025 results.

30th April 2025

Subsea7 upbeat on wind in lead-up to Saipem merger

30th April 2025

INDUSTRY NEWS

INDUSTRY NEWS

DEME is to acquire Norwegian offshore wind contractor Havfram in a bid to expand its global offshore wind energy operations.

10th April 2025

DEME expands offshore wind with Havfram takeover

10th April 2025

INDUSTRY NEWS

INDUSTRY NEWS

Historic family-owned marine services firm Louis Dreyfus Armateurs (LDA) has sold 80% of its shares to private equity firm InfraVia.

3rd March 2025

InfraVia takes 80% stake in Louis-Dreyfus Armateurs

3rd March 2025

INDUSTRY NEWS

INDUSTRY NEWS

Italian engineering firm Saipem and Norwegian offshore energy firm Subsea7 have agreed in principle to merge, creating a mammoth in offshore energy services.

26th February 2025

Major firms merge to form offshore energy mammoth

26th February 2025

EQUIPMENT

EQUIPMENT

Seawork Award winner Shock WBV has joined forces with Loki Dynamics, the marine equipment distributor.

21st February 2025

Shock WBV and Loki form dynamic partnership

21st February 2025

INDUSTRY NEWS

INDUSTRY NEWS

Major Japanese shipping and logistics firm NYK Line says it will put an undisclosed sum of money into the Swedish CTV fleet owner Northern Offshore Group (N-O-G).

21st February 2025

NYK invests in Swedish CTV fleet

21st February 2025

INDUSTRY NEWS

INDUSTRY NEWS

General Oceans has acquired the underwater monitoring technology company RS Aqua, strengthening its combined position in the subsea technology and underwater monitoring sectors.

20th November 2024

General Oceans acquires RS Aqua

20th November 2024

ENVIRONMENT

ENVIRONMENT

Equipment engineering and manufacturing firm, Draftec, is to join the WIND Group.

18th July 2024

WIND Group acquires Draftec

18th July 2024

ENVIRONMENT

ENVIRONMENT

A new company has been created to help support the growing needs of the offshore wind sector, by reducing installation times and costs.

4th July 2024

New Maersk spin-off to support offshore wind

4th July 2024

INDUSTRY NEWS

INDUSTRY NEWS

The purchase of ST Marine by Herman Senior came about over a beer shared by the owners, Peter Barker writes.

27th April 2023

More details on Herman Sr’s purchase of ST Marine

27th April 2023

VESSELS

VESSELS

Boluda’s announcement in February that it would buy Smit Lamnalco invites a closer look at the background to a deal in which the Spanish towage giant takes control of the world’s fifth-largest towage…

27th March 2023

Recent Boluda purchase ‘a logical consequence’

27th March 2023

INDUSTRY NEWS

INDUSTRY NEWS

Polish steel foundations maker ST3 Offshore, which went bankrupt two years ago, has been snapped up at auction by turbine maker Vestas.

24th March 2023

Vestas wins bid for bankrupt turbine foundations firm

24th March 2023

OFFSHORE RENEWABLES

OFFSHORE RENEWABLES

Seaway7 has entered into a commercial collaboration agreement with Saipem to jointly identify, bid and execute fixed offshore wind projects going forward.

27th February 2023

Seaway7 and Saipem ink wind agreement

27th February 2023

INDUSTRY NEWS

INDUSTRY NEWS

A new joint venture of two Norwegian maritime companies will focus on offshore support for Canada and the North Sea, the new firm has announced.

24th February 2023

Norwegian JV for Canada and North Sea

24th February 2023

INDUSTRY NEWS

INDUSTRY NEWS

Netherlands workboat provider Herman Senior has bought the offshore services provider ST Marine Support, the firm has announced.

23rd February 2023

Herman Senior buys ST Marine Support

23rd February 2023

VESSELS

VESSELS

Norwegian firms Eidesvik Offshore, a vessel owner and operator, and Reach Subsea, a subsea services contractor, have agreed to co-own and operate the subsea IMR (inspection, maintenance and repair) vessel Edda Sun.

23rd February 2023

JV signed to take over ‘Edda Sun’

23rd February 2023

INDUSTRY NEWS

INDUSTRY NEWS

North P&I Club and Standard Club have received formal approval to finalise their merger and establish NorthStandard as one of the world’s largest providers of mutual maritime cover.

24th January 2023

NorthStandard merger creates insurance superpower

24th January 2023

INDUSTRY NEWS

INDUSTRY NEWS

Marine digital imaging and software firm Teledyne has expanded its empire with the purchase of Cyprus-based ChartWorld International, which will add a range of cyber security options to its portfolio as well…

4th January 2023

Teledyne enhances security offering with ChartWorld

4th January 2023