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
ShortseaThe European shortsea sector has been struggling for over a decade. “Consolidation is much needed, says Wilson Shipping’s CFO Stig Vangen. “There should be fewer, bigger players because the options are running out. And it...Read more
Siemens Gamesa will not be rushing bigger wind turbines to market following GE’s release of the 12MW Haliade-X. Instead, the company will focus on improving its position amidst a period of rapid consolidation that will...Read more
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
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
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