Vallianz settles $2.3m trade creditor debt with shares

Singapore’s OSV player Vallianz has reached an agreement with eight of its trade creditors for them to...

Clipper Goes After Remaining Solvang’s Shares

AS Clipper, Danish, fully owned subsidiary of Clipper Group, has launched a mandatory offer to acquire all outstanding shares in Norway’s Solvang ASA, owner and operator of ethylene and LPG carrier fleet.

Fincantieri Ends Vard Offer at 74 Pct

Fincantieri Oil & Gas, a subsidiary of the Italian shipbuilding conglomerate Fincantieri, has closed its offer for the ordinary shares of Vard Holdings Limited with valid acceptances for 74.45% of Vard’s share capital.

New head of Total Lubmarine shares vision

Robert Joore, the new General Manager of leading marine lubricants supplier Total Lubmarine has laid out his vision for the company, focusing on developing a range of innovative solutions for ship operators operating in poor freight markets in a low-sulph

Samsung Heavy Selling Shares to Raise Fresh Funds

South Korean shipbuilder Samsung Heavy Industries (SHI) is looking to raise up to KRW 1.14 trillion (USD 997 million), according to the company’s stock exchange filing.

Teekay LNG Partners Eyes Fresh Funds

Owner and operator of liquefied natural gas carriers Teekay LNG Partners is selling shares to raise fresh funds for debt repayments or funding installment payments on future newbuilding deliveries.

CMA CGM to aqcuire all remaining shares in NOL it doesn't own

CMA CGM will compulsorily acquire all shares in Neptune Orient Lines (NOL) that is does not own having passed...