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Heavy-lift vessel carrying large wind turbine components
Industry

Cadeler Buys Foundation Installation Specialist Menck For 578 Million Dollars

Cadeler is buying foundation installation specialist Menck for 578 million dollars, deepening its position in offshore wind installation work.

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Offshore platform at sea under an evening sky
Industry

Hungarian energy group buys Shell's Cyprus gas stake for up to $720m

Hungarian oil and gas group MOL is buying Shell's 35 percent interest in the Aphrodite gas field offshore Cyprus, in a deal worth up to 720 million dollars.

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Bulk carrier at sea
Industry

NYK takes full ownership of open-hatch specialist Saga Welco

NYK has taken full control of Norwegian open-hatch operator Saga Welco and its 48-vessel fleet.

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Tug and barge in coastal waters
Vessel sales

Paragon buys into Indonesian coal shipping in a $50m deal

A Jakarta-listed miner has completed a $50m takeover of an Indonesian coal-shipping platform.

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Cargo ship in a harbour at night
Industry

Marcura buys US demurrage specialist Fairway Maritime

UAE-based Marcura has acquired US demurrage and marine claims specialist Fairway Maritime, deepening its claims management business in the American market.

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Merchant ship at sea
Industry

Marine insurers' bid for Thomas Miller wins shareholder backing

A joint offer by two marine insurance mutuals to acquire Thomas Miller Holdings has won acceptances of more than 89% from shareholders.

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Ship propeller and propulsion unit in a workshop
Industry

Kongsberg Maritime buys Sweden's Berg Propulsion

Kongsberg Maritime has agreed to acquire Swedish propulsion specialist Berg Propulsion, widening its presence across commercial vessel types and deepening its aftermarket business.

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Tanker at a port at dusk
Industry

Heidmar buys Dutch shipmanager Q-Shipping

Nasdaq-listed Heidmar has acquired Dutch shipmanagement and crewing firm Q-Shipping for about $200,000, adding nine ships and offices in the Netherlands and Turkey.

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A container ship carrying containers at sea, seen from above
Industry

AP Moller Holding buys Ocean Yield from KKR

AP Moller Holding is taking full ownership of Norwegian ship-leasing specialist Ocean Yield from KKR, adding a fleet of more than 70 vessels and a $5bn contracted backlog to its growing maritime portfolio.

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