Mergers & Acquisitions

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

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