Viterra Limited, the crop-trading business spun out from Glencore, the world’s largest commodities broker, announced January 24 that it has agreed to acquire the grain-trading business of Gavilon, which also… Read More
Mergers and Acquisitions
Two Norway-based companies announced a merger that is of interest to maritime companies. Scana ASA is the parent company of a group of marine supply companies based in Stavanger, Norway,… Read More
Northern Marine LLC, the marine transportation division of Illinois & Michigan Oil LLC (IMO), announced last week that it has entered into an agreement to acquire the Chicago-area fleeting operations… Read More
Maritime Partners LLC announced December 1 that it has acquired the portfolio of J. Russell Flowers Inc. (JRF). The acquisition includes more than 1,000 marine vessels operating on bareboat charter,… Read More
Terminal and logistics company Enstructure announced November 18 that it has acquired Port Contractors and its affiliates, allowing Enstructure’s expansion to the Mid-Atlantic market. The move positions Enstructure as a… Read More
The Canada Pension Plan Investment Board (CPP Investments) announced September 29 that it has entered into a definitive agreement to become the 100 percent owner of Ports America, North America’s… Read More
Terral RiverService has announced the September 1 acquisition of the assets of Vidalia Dock & Storage Company, Two-J Ranch Inc., 363 Dry-Dock & Repair LLC, and Natchez Marine & Towing… Read More
Crosby Tugs and SEA.O.G Offshore announced August 18 that they will merge to focus on delivering installation support and operations and maintenance support for the offshore wind industry. Crosby Tugs,… Read More
The Waterways Journal’s parent company, The Waterways Journal Inc., dba Bound Media Group, has acquired the media assets of Harbor House Publishers, Boyne City, Mich. Harbor House, established in 1969,… Read More
Big River Wheels LLC, a James Marine Inc. affiliate, has announced the purchase of Big River Propeller LLC. James Marine is headquartered in Paducah, Ky., while Big River Propeller is… Read More