No Market for Unmanned Ships in Tanker Sector

Ardmore Shipping CCO comments on autonomous ships, digitalization and other industry trends.

Teekay, TIL Shareholders Advised to Back the Merger

Proxy advisory firms of Tanker Investments Ltd (TIL) and Teekay Tankers have recommended that the shareholders of ...

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South Africa Gives Nod to Maersk Line's Hamburg Süd Deal

South Africa’s Competition Tribunal cleared Maersk Line’s proposed acquisition of German liner ...

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NYK Boss: Merger of Japanese Liner Businesses a Turning Point

The merger of liner businesses of Japan’s big three shipping companies, Kawasaki Kisen Kaisha (K Line), ...

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Euroseas, Poseidon Eye Merger of Container Fleets

Greek shipowner Euroseas has signed a non-binding letter of intent with Poseidon Container Holdings Group, an ...

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Bergen Group’s Merger with Bergen Offshore Cleared

The boards of Bergen Group ASA and Bergen Group Offshore AS have approved a merger plan between the two companies, ...

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Report: ADNOC Eyes IPO for New Shipping Unit

State-owned oil firm Abu Dhabi National Oil Company (ADNOC) is reportedly looking to sell shares in a new shipping ...

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Teekay Tankers in Share Buyback Move

Bermuda-based shipping company Teekay Tankers has announced a share repurchase program for the buyback of up to USD ...

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Port of Ghent, Zeeland Seaports to Present Merger Plans

Belgian Port of Ghent and Dutch Zeeland Seaports are to presented a balanced merger agreement to their shareholders ...

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Scorpio Wraps Up Merger with Navig8 Product Tankers

Monaco-based tanker owner and operator Scorpio Tankers has closed its merger with Navig8 Product Tankers Inc, the ...

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Scorpio's Merger with Navig8 Product Tankers About to Close

The previously announced merger between Marshall Islands-incorporated tanker owner and operator Navig8 Product ...

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Hapag-Lloyd Trims Loss, Books Volume Growth

German shipping company Hapag-Lloyd posted a net loss of EUR -46.1 million (USD 55.1 million) in the first half of ...

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DBS: Keppel, Sembcorp Marine Merger Would Make Sense

Prevailing challenges in the offshore and marine sector have sprung rumors on the potential consolidation of ...

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South Africa Rejects Japanese Trio's Merger Deal

The South African Competition Commission has decided to block the proposed merger between Japan’s big three ...

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New Wave of M&As to Include Medium-Sized Carriers?

The opportunities for further mergers and acquisitions among Top 20 carriers are receding with each new deal, but ...

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Teekay Tankers, TIL Create Tanker Giant

Tanker owners and operators Teekay Tankers and Tanker Investments Ltd. (TIL) have entered into an agreement to ...

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Hapag-Lloyd to Axe Over 10 Pct of Workforce after Merger

The completion of the merger between Germany’s container carrier Hapag-Lloyd with UAE-based counterpart UASC ...

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Hapag-Lloyd Merges with United Arab Shipping Company

German liner shipping company Hapag-Lloyd and its UAE-based counterpart United Arab Shipping Company (UASC) merged ...

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Scorpio Tankers to Merge with Navig8 Product Tankers

Monaco-based tanker owner Scorpio Tankers revealed it has entered into definitive agreements to merge with Marshall ...

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Hapag-Lloyd's Merger with UASC on Track

Everything is on track for the merger between Germany’s shipping line Hapag-Lloyd and United Arab Shipping ...

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Leonhardt & Blumberg, Buss Shipping Merge Ship Mgmt Ops

German shipowners Leonhardt & Blumberg Reederei and Buss Shipping have decided to merge their ship management ...

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China Merchants, Sinotrans & CSC Wrap Up Merger

The long-awaited merger agreement between China Merchants Group and Sinotrans & CSC Holdings was finalized ...

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