Mergers & Acquisitions

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

INDUSTRY NEWS

INDUSTRY NEWS

UK-based Kohler marine generator distributor Atlantis Marine Power has been bought by the Italian commercial marine distributor SAIM Group.

13th October 2022

SAIM Group buys UK genset distributor

13th October 2022

INDUSTRY NEWS

INDUSTRY NEWS

Smart network solutions company, Marlink, has completed its takeover of the satellite communications arm of Hellenic Radio Services (HRS).

6th October 2022

Marlink acquires HRS satcom arm

6th October 2022

INDUSTRY NEWS

INDUSTRY NEWS

Kotug International has successfully completed its acquisition of Seaways International.

8th September 2022

Kotug completes Seaways takeover

8th September 2022

INDUSTRY NEWS

INDUSTRY NEWS

Alfa Laval has struck a deal to take over BunkerMetric, a Scandinavian software company specialising in decision support tools for the marine bunker sector.

5th August 2022

Alfa Laval acquires BunkerMetric

5th August 2022

INDUSTRY NEWS

INDUSTRY NEWS

Offshore energy firm CPower is now 20% owned by Semco Maritime, the international engineering and contracting business that works across the offshore energy sector, including wind, oil and gas.

15th June 2022

Semco buys 20% of offshore energy firm

15th June 2022

INDUSTRY NEWS

INDUSTRY NEWS

Shipping giant Wilhelmsen has bought another 24% of shares in NorSea, the Norwegian offshore logistics services company, which means it now owns 99%.

1st June 2022

Wilhelmsen buys 99% of NorSea

1st June 2022

INDUSTRY NEWS

INDUSTRY NEWS

French shipping firm CMA CGM will take over a logistics firm once it has been returned to its French owners, according to reports.

6th April 2022

Reports claim CMA CGM poised for buyout

6th April 2022

INDUSTRY NEWS

INDUSTRY NEWS

Propulsion firm Schottel has bought a majority stake in system integration specialist firm Elkon.

5th April 2022

Schottel strengthens grip on propulsion

5th April 2022

INDUSTRY NEWS

INDUSTRY NEWS

Fender Innovations has expanded its product offering with the purchase of heavier fender manufacturer PolyMarine Service.

25th March 2022

Fender maker buys fender maker

25th March 2022

MERGERS & ACQUISITIONS

MERGERS & ACQUISITIONS

Columbia Shipmanagement (CSM) is expanding its operations and services in the French, Italian and Monégasque markets by signing a joint venture agreement with Monaco-based Sea World Management (SWM).

10th March 2022

CSM Monaco expands operations to form new JV

10th March 2022

MARINE CIVILS

MARINE CIVILS

Devon-based marine and civil engineering specialists, Teignmouth Maritime Services Ltd (TMS) has become a 50% shareholder of Kent-based hydraulic engineering specialists, Hesselberg Hydro UK Ltd, combining nearly 60 years’ experience and expertise…

25th January 2022

UK civils firms join forces

25th January 2022

OFFSHORE RENEWABLES

OFFSHORE RENEWABLES

Manor Renewable Energy has been bought by expanding global offshore services business OEG Offshore for an undisclosed sum.

25th January 2022

Manor Renewable Energy snapped up by fast-growing group

25th January 2022

INDUSTRY NEWS

INDUSTRY NEWS

Garmin has acquired Vesper Marine, a privately-held, New Zealand-headquartered provider of AIS, VHF and vessel monitoring solutions for the marine industry.

5th January 2022

Garmin acquires Vesper Marine

5th January 2022

MERGERS & ACQUISITIONS

MERGERS & ACQUISITIONS

Ernströmgruppen AB has agreed to acquire Daniamant A/S and Daniamant Ltd., a Danish-based marine electronics company, from the NTR Holding A/S Group.

17th November 2021

Safety and electronics acquisition

17th November 2021