Chinese shipbuilder Yangzijiang Shipbuilding has diversified into terminal ownership after it acquired a 55% equity interest in Odfjell Terminals (Jiangyin) Company for approximately $46.23m.

China’s heavy equipment manufacturer, Nantong Rainbow Heavy Machineries, is acquiring German firm Koch Solutions and the two companies have signed the strategic agreement.

Nasdaq-listed Euroseas has signed an agreement to purchase four secondhand vessels and refinanced two vessels to free up cash.

Malaysia’s Yinson has announced that it will take a controlling stake in Singapore’s Ezion Holdings via a proposed deal that includes shares subscription and debt conversion.

Hyundai Heavy Industries (HHI) signed a definitive agreement last Friday to acquire Daewoo Shipbuilding & Marine Engineering (DSME), supported by DSME’s main creditor Korea Development Bank (KDB).

Japan’s Mitsui OSK Lines (MOL) announced that MOL Chemical Tankers has acquired a 20% stake in Rotterdam-headquartered chemical logistics firm Den Hartogh Holding from Den Hartogh Beheer.

Maersk has announced the acquisition of a customs brokerage and logistics US firm Vandegrift Inc. to strengthen and broaden the group’s service offering to customers.

South Korea’s Hyundai Heavy Industries (HHI) has expressed interest to buy its smaller rival Daewoo Shipbuilding & Marine Engineering (DSME), the local media has reported.

Marine fuels supplier Bomin Group has agreed to sell its Belgium operations to tanker shipping group Somtrans, in line with Bomin’s plan on exiting the bunker market in Antwerp.

Hong Kong-listed Courage Investment Group is spending $10.88m to buy a secondhand supramax bulk carrier in a move to expand the scale of its shipowning business.

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