Boskalis Holding B.V. (Offeror), a wholly-owned subsidiary of Royal Boskalis Westminster N.V. (Boskalis), had initiated a compulsory acquisition of shares under Section 103 of the Bermuda Companies Act to acquire all remaining shares in Dockwise Ltd (Dockwise) not already held by the Offeror. By the expiry of the statutory deadline of 22 April 2013, none [...]
April 24, 2013 | Posted in
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BAE Systems yesterday, November 15, announced that it has entered into a definitive agreement with American Maritime Holdings, Inc. to acquire Marine Hydraulics International, Inc. (MHI), a privately held company that operates a shipyard, pier and waterfront facilities in Norfolk, Virginia. The proposed acquisition would complement BAE Systems’ support to its customers with enhanced readiness [...]
Russian Navy will receive about 60 new surface ships and submarines under the state rearmament program by 2020… (rusnavy) Source: rusnavy, April 30, 2012
In the 30-year prospect, Russian Navy will receive modular ships capable to transform from one type to another within short period of time, Russian vice premier Dmitry Rogozin told The National Defense magazine. Rogozin explained that “such modules will be easily transformed and adapted for certain combat tasks, if needed“. From the viewpoint of Russian [...]
The Coast Guard Sector Columbia River’s Area Maritime Security Committee (AMSC) approved a $2.7 million Port Security Grant Program project to purchase three “Regional Response Vessels” with firefighting capability for the lower Columbia River, Tuesday, March 27. The acquisition of these vessels is the culmination of a two-year project to identify marine firefighting vulnerabilities in [...]
The Cochin Port Trust is looking at manners of curbing dredging costs, anent increased expenditures for the purpose of shipping channel maintenance, IBNlive reports. Namely the costs of the Cochin port’s maintenance have jumped from Rs 35 crore to Rs 110 crore on annual basis. The situation is further aggravated by the failure to share [...]
According to Business Standard, State-owned Dredging Corporation of India (DCI) is expecting a new dredger worth Rs 500 crore to join its fleet by the end of this financial year. Dredging Corporation of India has also placed orders at IHC IHC Offshore & Marine, Netherlands to procure three dredgers with an outlay of Rs 1,500 [...]
China Merchants Energy Shipping has revealed the intention to increase its competitiveness by purchasing 10 new VLCCs. Even though the oil tanker market is currently slow, Li Jian Hong, Chairman of China Merchants, is confident that this is the right moment for deriving a benefit from present low newbuilding prices and expanding the fleet capacity. [...]
Indonesian listed shipping company, Arpeni Pratama Ocean Line, is going to get two ships this month as part of its effort to boost its fleet, reports The Jakarta Globe. Oentoro Surya, president director of the company, said that the ships would be delivered from China in the next few weeks with the price tag of $41 [...]
In pursuing efforts to gain international expansion, IHC Merwede is looking forward to declaring the acquisition of several Asian shipyards in the upcoming quarter Reuters reports. The global market leader for efficient dredging and mining vessels and equipment, IHC Merwede is well equipped for future expansion. Earlier this year, the company secured the financial backing [...]
