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HAV Group to acquire Høglund Marine Solutions

glory 29-06-2022 19:28 Area News
Norwegian technology provider HAV Group ASA has signed a letter of intent (LOI) for the acquisition of compatriot integrated automation and energy specialist Høglund Marine Solutions. “The potential acquisition of...
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Wärtsilä moves forward with smart port ecosystem vision

glory 17-06-2022 17:24 Area News
Wärtsilä Voyage, part of the Finnish technology group Wärtsilä, has decided to acquire PortLink Global, a Canada-based port solutions company. As explained, the move will speed Wärtsilä Voyage along its path towards...
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Alfa Laval acquires tank cleaning firm Scanjet

glory 16-06-2022 18:38 Area News
Swedish sustainable solutions provider Alfa Laval has signed an agreement to acquire Scanjet, a compatriot supplier of marine tank cleaning equipment. The deal adds Scanjet’s tank management solutions to Alfa Laval’s...
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Emissions verification company Verifavia has new owner

glory 01-06-2022 21:17 Area News
French carbon emissions verification company Verifavia has sold a majority stake to Normec, a Dutch testing, inspection and certification organisation. The strategic transaction is expected to reinforce Normec’s...
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Schottel becomes complete system supplier for electrical, green propulsion with new acquisition

glory 06-04-2022 18:05 Area News
German propulsion expert Schottel has decided to acquire a majority stake in elkon, a Turkish specialist for marine electrical system integration. The contract has been signed in Istanbul, Turkey, and announced at the...
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Algoma-Nova Marine JV buys 5 ships

glory 14-03-2022 15:57 Area News
Shipping companies Algoma Central Corporation and Nova Marine have increased investment in their short sea shipping joint ventures, NovaAlgoma, by acquiring five vessels. As informed, Nova Algoma is acquiring three...
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Hapag-Lloyd buys container liner business of Africa specialist DAL

glory 10-03-2022 15:52 Area News
German container shipping company Hapag-Lloyd has decided to acquire the container liner business of compatriot carrier Deutsche Afrika-Linien (DAL). The duo signed a framework agreement on 10 March 2022. With a...
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GES closes its 1st investment in Port of Rotterdam

glory 23-02-2022 15:28 Area News
Following the signing of a binding agreement in November 2021, Singapore-based storage terminals operator Global Energy Storage (GES) has closed the transaction to acquire part of the Stargate Terminal from Gunvor Group in...
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EU fund buys majority stake in Jifmar Offshore Services

glory 21-02-2022 20:50 Area News
European infrastructure fund Marguerite II is set to acquire a 65% stake in France’s Jifmar Offshore Services from RAISE Investissement. Marguerite said it aims to support Jifmar in its transition to next-generation...
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Maersk posts record earnings, further expands logistics portfolio

glory 09-02-2022 17:59 Area News
Danish container shipping and logistics giant A.P. Moller – Maersk has delivered record earnings for 2021 despite persistent supply chain disruptions. In 2021, revenue was up 55 percent to $61.8 billion, EBITDA tripled...
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