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From containers to tankers, from ship owning to ship management, market forces continue to incentivise mergers and acquisitions
Bank sells JR Shipping debts to UK-based fund ahead of privatisation
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Dorian says it continues to evaluate BW’s proposal as well as other undisclosed alternatives
Mr Sohmen-Pao confirms there have been some discussions between BW and Dorian, but the latter has yet to give a formal response to the merger offer
The industry veteran expects shipmanagment consolidation to continue, but appears to have no intention of giving over his own business into the hands of private equity funds
Transocean shareholders will own about 79% of the combined company while Ocean Rig shareholders will own the rest
DP World’s move into feedership operations is a logical step in creating a multimodal response to carrier power over terminals
Demand for third-party shipmanagers to increase amid new shipping regulations and trend of vessel ownership, Fleet chief says
The deal is expected to close in the fourth quarter of this year
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