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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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MAN ES takes majority stake in hydrogen tech firm

glory 19-01-2021 18:30 Area News
Germany’s engine manufacturer MAN Energy Solutions has decided to acquire almost 99% of the shares in H-Tec Systems, a compatriot electrolysis technology company. Subject to approval by the competition authorities, MAN...
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HHLA wraps up acquisition of Italian terminal

glory 08-01-2021 17:35 Area News
Germany’s terminal operator Hamburger Hafen und Logistik AG (HHLA) has finalized the acquisition of the majority stake in the multi-function terminal Piattaforma Logistica Trieste (PLT) in the Italian seaport of Trieste...
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Chairman: Hyundai Heavy-DSME merger to be finalized in H1 2021

glory 04-01-2021 20:50 Area News
South Korea’s shipbuilding giant Hyundai Heavy Industries Holdings (HHIH) expects to complete the acquisition of smaller rival Daewoo Shipbuilding & Marine Engineering (DSME) by the end of the first half of 2021....
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Longship takes 50% stake in Wagle Chartering

glory 11-11-2020 21:56 Area News
The Netherlands-based shortsea carrier Longship Group BV has acquired 50 per cent of Wagle Chartering AS, a Norway-based shipbroker. This acquisition is said to be in line with Longship’s strategy to enhance its position...
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Economou sells Heidmar tanker pool to Khanna

glory 11-11-2020 19:06 Area News
Tanker pooling and commercial management company Heidmar has been acquired by its CEO Pankaj Khanna from Greek billionaire shipowner George Economou. As informed, Khanna has acquired 100% of the shares of Heidmar and...
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Pangaea takes additional stake in Nordic Bulk Holding

glory 29-09-2020 17:01 Area News
US-based provider of maritime logistics and transportation solutions Pangaea Logistics Solutions has acquired an additional one-third equity interest in its partially-owned consolidated subsidiary Nordic Bulk Holding...
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Abu Dhabi Ports expands logistics reach with MICCO acquisition

glory 29-09-2020 15:47 Area News
UAE-based port operator Abu Dhabi Ports, part of ADQ, has acquired MICCO Logistics, a local freight forwarder, becoming a fully integrated supply chain logistics provider. MICCO will be integrated into Abu Dhabi Ports...
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