Topic: Consolidation

Mammoet and ALE confirm advanced takeover talks

Mammoet and ALE today have announced that the two companies are negotiating a purchase agreement, under which Mammoet would acquire the British heavy lift and transport specialist. In a statement released today, the companies say that...Read more
|Comment|author: Tobias Pieffers

Zeaborn enters tanker market

Zeaborn has entered the tanker shipping industry through the purchase of Claus-Peter Offen Tankschiffreederei (CPO Tankers), the tanker management subsidiary of Offen Group. The Bremen-based multipurpose vessel operator acquired all shares as per an agreement...Read more
|Comment|author: Tobias Pieffers

Zeaborn eyes more cheap second-hand tonnage

German shipping company Zeaborn eyes more cheap, second hand tonnage now that a multitude of new environmental legislation will force ship owners to either sell or invest in their ships. “The 2020 sulphur cap and ballast...Read more
|Comment|author: Tobias Pieffers