Topic: Consolidation

MV Lone with fly-jib

SAL buys Intermarine to expand its Americas business

ShippingSAL Heavy Lift has bought a majority stake in Intermarine. Together, the companies want to become an “unrivalled shipping setup” within the Americas and cross-Atlantic trade. Former BBC Chartering CEO Svend Andersen has been brought...Read more
|Comment|author: Adnan Bajic

Mammoet and ALE confirm advanced takeover talks

Crane operatorsMammoet 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: Adnan Bajic

Zeaborn enters tanker market

ShippingZeaborn 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: Adnan Bajic

Zeaborn eyes more cheap second-hand tonnage

ConsolidationGerman 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: Adnan Bajic