Search results for: BUA Group

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A list of search results

  • 17 April 2019
    Equipment

    Finnish technology group Wärtsilä will supply a dual-fueled engine power plant to a Nigerian cement production facility.

  • 29 November 2018
    Business & Finance

    Thailand recently placed its first all-electric commuter ferry into service.

  • 13 July 2015
    Business & Finance

    The Board of Directors of the Shanghai-listed Shanghai International Port (Group) (SIPG) has unanimously approved the company’s plan to buy 79.2% of Shanghai Jinjiang Shipping (Group) for up to CNY 1.94 billion (USD 312.5 million). SIPG plans to buy a 48% stake in Jinjang Shipping currently owned by Shanghai International Group for CNY 1.18 billion, as well as a 31.2% stake held by Shanghai […]

  • 13 July 2015
    Business & Finance

    The Board of Directors of the Shanghai-listed Shanghai International Port (Group) (SIPG) has unanimously approved the company’s plan to buy 79.2% of Shanghai Jinjiang Shipping (Group) for up to CNY 1.94 billion (USD 312.5 million). SIPG plans to buy a 48% stake in Jinjang Shipping currently owned by Shanghai International Group for CNY 1.18 billion, as well as a 31.2% stake held by Shanghai […]

  • 30 November 2016
    Business & Finance

    Boa Offshore, the Norwegian offshore vessel owner, has embarked on a financial restructuring of the group’s business and balance sheet, which will be presented to the financial creditors of the company. The company said that the financial situation has become worse than expected a few months ago, due to the weakened OCV market, the sales […]

  • 3 April 2015
    Business & Finance

    Gérard Mestrallet, CEO of GDF Suez, and Isabelle Kocher, GDF Suez’s COO, have announced the launch of the new enterprise strategy expected to ensure the company’s growth. The enterprise project will be based on the creation of twenty-four decentralized operational Business Units (BUs). BUs will be made according to a region-centered approach with a single country […]

  • 10 September 2014
    Business & Finance, Equipment

    The multi-functional steel fabrication facility will significantly enhance automation and productivity at offshore rig building, conversion and production and ship-repair businesses.

  • 17 October 2017

    Wood Group has secured a $12 million front-end engineering design (FEED) contract with Honghua for its liquefied natural gas (LNG) platform development in the West Delta area of the Gulf of Mexico. The main objective of the FEED is to finalize the design of the world’s first offshore platform-based natural gas liquefaction and storage facility. […]

  • 21 June 2019

    The bulker sale is part of Noble Group’s restructuring plan.

  • 16 April 2012
    Business & Finance, Equipment

    AF Group has signed a letter of intent to purchase 90 percent of the shares in 5D Group AS. The agreement is conditioned by a due diligence and an approval by the board of directors of AF Gruppen ASA. 5D Group is a supplier to the offshore industry, mainly within engineering, electrical and instrumentation as […]

  • 10 March 2010

    China Shipping Group Co., the nation’s second-largest sea-freight company, plans to buy “quite a few” dry-bulk ships this year on rising demand in Asia for shipments of iron ore and coal. “The shipping market has bottomed out from its worst period,” Li Shaode, the group’s president, said Wednesday in Beijing, where he was attending a […]

  • 6 July 2018

    The Maritime Union of Australia warns of “potential industrial chaos” at the Port of Darwin.

  • 8 April 2016

    Oil and gas services company Wood Group has acquired Ingenious Inc., a supplier of software and consulting services to the global chemical, oil & gas, and energy industries, from its executive leadership team. According to Wood Group, the acquisition provides a manufacturing operations management (MOM) systems capability that builds upon and diversifies the capabilities of […]

  • 25 May 2016
    Business & Finance

    Genoa-based classification society RINA has signed an agreement for the acquisition of the Edif Group, the UK provider of technical inspection and engineering consultancy services, for £118.5 million (around USD 173.24 million). The acquisition results in an expanded international geographic footprint for RINA, particularly in the US, UK and Germany, as explained by RINA. “This acquisition is strategic and fits very […]

  • 18 July 2016
    Business & Finance, Equipment

    Unique Maritime Group has completed the acquisition of Singaporean company Oceanvision and Oceanvision Equipment Services. Oceanvision is the third acquisition that Unique has made in the last nine months. Oceanvision specialises in manufacturing and supplying imaging and intervention products for sub-ocean, marine, offshore and petrochemical industries for use in hazardous areas and harsh environments. “Opening […]

  • 15 August 2017
    Business & Finance

    Royal Boskalis Westminster N.V. has acquired all shares of the UK-based Gardline Group.

  • 7 July 2016
    Business & Finance, Equipment, Technology

    Rotech Subsea has successfully completed an MBO (management buy-out) of the Rotech group of companies in a move that will see the company strengthen its position in subsea mass-flow excavation business.  Following the MBO, the group’s three operating companies – Rotech Subsea, Rotech Engineering, and Rotech Fabrication – will be headed up by continuing directors […]

  • 22 February 2019
    Business & Finance

    Royal Boskalis Westminster has acquired a 62.5% majority stake in the UAE-based Horizon Group, a provider of marine geophysical and geotechnical services. According to Horizon, the remaining 37.5% will stay unchanged and held by the company’s management. “Through this transaction, we are adding an important strategic position to our existing marine survey and subsea geotechnical […]

  • 15 August 2017
    Business & Finance

    Royal Boskalis Westminster N.V. has acquired all shares of the UK-based Gardline Group.

  • 5 March 2018
    Business & Finance

    Chainalytics and Drewry have partnered to launch an ocean freight procurement solution for shippers.

  • 27 May 2019

    Seismic players SeaBird Exploration has signed final agreements to buy the BOA Thalassa and BOA Galatea vessels.

  • 25 July 2019

    Seismic vessel operator SeaBird Exploration has completed the acquisition of the second vessel from Norwegian vessel owner BOA Offshore, the BOA Galatea. SeaBird announced its intention to buy two vessels from BOA Offshore – the BOA Thalassa and BOA Galatea – back in April 2019. The final agreement was reached in late May. SeaBird closed […]