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Ardmore turns down Hafnia’s acquisition proposal

glory 07-07-2020 13:47 Area News
Tanker owner and operator Ardmore Shipping Corporation has declined an acquisition proposal from Hafnia Limited, saying that the offer substantially undervalued Ardmore. Established ten years ago, Ardmore owns and...
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Maersk to acquire Swedish customs service specialist

glory 06-07-2020 14:38 Area News
A.P. Moller – Maersk has reached an agreement with Bridgepoint Development Capital to acquire KGH Customs Services (KGH), a Sweden-based specialist in trade and customs management services in Europe. The move is aimed...
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Kongsberg Digital acquires Denmark’s maritime software firm

glory 02-07-2020 15:23 Area News
Kongsberg Digital, part of Norway’s Kongsberg Group, has acquired Coach Solutions, a Denmark-based supplier of software solutions for vessel performance and monitoring. The new name of the company will be Kongsberg Coach...
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DP World wraps up acquisition of Ukrainian container terminal

glory 12-06-2020 16:20 Area News
Dubai-based port and terminal operator DP World has completed the acquisition of a 51 per cent stake in TIS Container Terminal in the Port of Yuzhny, Ukraine. The completion of the transaction comes after DP World...
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Canden Marine Fuel Services joins Glander International Bunkering Group

glory 01-06-2020 17:08 Area News
Glander International Bunkering Group has acquired Canden Marine Fuel Services, a Canada-based marketer of marine fuels. Canden will become Glander International Bunkering (Montreal) Ltd as the 9th office in the brand’...
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Rand wraps up American Steamship acquisition

glory 18-05-2020 14:21 Area News
Rand Logistics has completed the acquisition of transportation company American Steamship Company (ASC) from GATX Corporation. The transaction, valued at about $260 million in cash proceeds, is subject to customary...
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