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Costamare takes York Capital’s stake in five 11,000 TEU boxships

glory 26-04-2021 20:22 Area News
Greek shipping company Costamare Inc. has acquired York Capital’s 60% equity interest, on average, in five 11,000 TEU containerships. The acquisition brings the Costamare’s ownership interest in these five vessels to 100...
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Rhenus takes major stake in Arkon Shipping & Projects

glory 14-04-2021 14:06 Area News
Germany-based short-sea shipping company Rhenus Maritime Services acquired 60 per cent of the shares in compatriot ship and project consignment manager, Arkon Shipping & Projects, in March 2021. As explained, Rhenus...
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Nakashima takes majority stake in Becker Marine Systems

glory 12-04-2021 16:14 Area News
Japanese manufacturer of marine propellers Nakashima Propeller Co. Ltd. has acquired a majority stake in the German shipbuilding supplier Becker Marine Systems GmbH. As explained, the two companies together can make “...
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Seaspan to buy 8,500 TEU scrubber-fitted boxship pair

glory 05-04-2021 21:00 Area News
Seaspan Corporation, a subsidiary of Atlas Corp., has entered into an agreement to acquire two 8,500 TEU scrubber-fitted containerships. As informed, the vessels are anticipated to be delivered during the second quarter...
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Navios Partners wraps up Navios Containers acquisition

glory 01-04-2021 15:46 Area News
Dry cargo vessel owner and operator Navios Maritime Partners has completed the acquisition of container shipping company Navios Maritime Containers. Under the terms of the deal announced on 31 December 2020, a wholly-...
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Saga Pure acquires stake in liquid hydrogen storage tech firm

glory 25-03-2021 16:47 Area News
Saga Pure, a Norwegian green investment company that recently switched its focus from shipping to renewables, has committed to subscribe for NOK 30 million ($3.5 million) in a private placement of new shares in IC...
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Hapag-Lloyd acquires container shipping specialist NileDutch

glory 17-03-2021 22:19 Area News
German container shipping major Hapag-Lloyd has signed a sale and purchase agreement to acquire all shares of the Dutch container shipping company Nile Dutch Investments B.V. The move is expected to strengthen Hapag-...
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KKR takes stake in Hyundai Global Service

glory 24-02-2021 17:46 Area News
The US-based investment firm KKR has decided to acquire a 38 per cent stake in South Korean marine services provider Hyundai Global Service (HGS). On February 23, Hyundai Heavy Industries Holdings (HHIH) said it inked an...
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DFDS further expands logistics footprint

glory 26-01-2021 18:24 Area News
Danish ferry and logistics company DFDS has entered into an agreement to acquire 100 per cent of Dutch HSF Logistics Group. As informed, DFDS will buy the HSF Logistics Group for a debt-free price of DKK 2.2 billion (...
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HHLA takes majority stake in automation specialist

glory 21-01-2021 20:32 Area News
Germany’s terminal operator has decided to acquire a majority share in iSAM AG, a compatriot specialist in automation technology. As informed, HHLA is taking over an 80 per cent stake in the Ruhr Area-based company...
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