Tag: merger

Bureau Veritas and SGS have been in talks for a possible merge with a combined market value of more than $33 billion.

West P&I Club announced the full acquisition of Nordic Marine Insurance, a provider of fixed premium insurance for the marine industry.

Lloyd’s Register Group (LR) has completed the acquisition of Ocean Technologies Group (OTG) from the European private equity firm Oakley Capital. 

Cargotec has signed an agreement to sell its MacGregor business area to funds managed by Triton, for an enterprise value of EUR 480 million to support Hiab’s future growth. 

Kpler, announced its acquisition of Spire Maritime, a provider of satellite-powered data for real-time global vessel tracking.

Intership Navigation and Interorient Shipmanagement are delighted to announce the merger of their ship management activities which will include Intership’s sister company Donnelly Tanker Management.

Altera Infrastructure Holdings L.L.C. (Altera), a subsidiary of Altera Infrastructure L.P., has signed an agreement to sell its entire stake in Altera Shuttle Tankers L.L.C. (AST) to Maistros Shiptrade Limited, an affiliate of the Angelicoussis Group.

Torvald Klaveness has announced the sale of 100% of Klaveness Ship Management AS’ shares to OSM Thome.

Mitsui O.S.K. Lines, Ltd. (MOL) has announced that, effective April 1, 2025, it will merge three of its subsidiaries focused on green maritime technology and engineering: MOL Marine & Engineering Co., Ltd. (MOLMEC), MOL Ocean Expert Co., Ltd. (MOLOX), and MOL Ship Tech Inc. (MOLST). 

DNV has acquired CyberOwl to bolster the cyber defenses of the shipping industry, forming one of the largest maritime cyber security specialists.