Japanese Carriers Confirm Merger Date: Notice of Establishment Schedule for Container Shipping Business Integration
In previous press releases, Kawasaki Kisen Kaisha, Ltd., Mitsui O.S.K. Lines, Ltd., and Nippon Yusen Kabushiki...
Scorpio Tankers Inc. Announces Merger Agreement with Navig8 Product Tankers Inc. and the Launch of a Concurrent Public O
Scorpio Tankers Inc. announced that it has entered into definitive agreements to merge with Navig8 Product Tankers Inc. (NOTC: EIGHT) (“Navig8”) and acquire Navig8’s 27 operating product tankers (the “Merger”).
Hapag-Lloyd Confident in Merger Closure Soon Despite Reports of a “Snag”
German liner company Hapag-Lloyd believes its merger with the United Arab Shipping Company (UASC) would be closed within the next few weeks despite reports that the deal has been hindered by Qatar.
Hapag Lloyd-UASC merger hits snags over future share ownership – sources
A merger of Hapag-Lloyd and United Arab Shipping Company (UASC) has hit a snag, with the German shipping line and some banks seeking assurances that UASC’s top shareholder Qatar remain committed to the deal for the long term, sources say.
Report: Yang Ming Quashes Merger Talks
Taiwanese ocean carrier Yang Ming Marine Transport has dismissed any possibility of a potential merger as the company believes that the industry will start to recover from a downturn triggered by global overcapacity in 2017, Reuters cited the company’s ch
Wilhelmsen, Wallenius One Step Closer to Merger
Norwegian rolling cargo shipping specialist Wilh. Wilhelmsen Holding (WWH) and Norwegian/Swedish shipping company Wallenius have signed an agreement leading to a new ownership structure for their jointly owned investments.
Asia Maritime Pacific, Sono Shipping Merge Ops
Hong Kong’s shipping firm Asia Maritime Pacific decided to expand its business in the Atlantic market as it merged operations with US-based Sono Shipping.