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Euroseas acquires 2 container feeder vessels, full ownership of Euromar

Tuesday, 12 Sep 2017 11:45am EDT

Sept 12 (Reuters) - Euroseas Ltd ::Euroseas Ltd announces the acquisition of two container feeder vessels plus option to acquire two additional container feeder vessels, and full ownership of Euromar Llc.Says ‍vessels are to be acquired for a combined amount of about $25 million from Euromar Llc​.Says ‍vessels are expected to be delivered to company in Q4 of 2017​.Says ‍plans to finance acquisitions with a combination of debt and equity​.Says furthermore, company announced that it acquired 85.714% interest in Euromar it did not already own for nominal cost.

Cosco Shipping Ports unit enters into MOU with APM Terminals

Monday, 11 Sep 2017 04:49am EDT

Sept 11 (Reuters) - Cosco Shipping Ports Ltd <1199.HK>:MOU in relation to sale & purchase of about 76 percent of issued share capital of APMTZ for EUR35.0 million .Proposed acquisition of interest in APM Terminals Zeebrugge NV.Unit entered into a legally binding MOU with APM Terminals.APM terminals will acquire from SIPG shares followed by sale of SIPG shares with shares held by APM terminals to CSPD.APM terminals informed company that its original acquisition costs of sales shares amount to about EUR89.8 million in total.

BRIEF-Cosco Shipping Ports unit enters into MOU with APM Terminals

Monday, 11 Sep 2017 04:49am EDT

Repeats item with no changes to text:MOU in relation to sale & purchase of about 76 percent of issued share capital of APMTZ for EUR35.0 million .Proposed acquisition of interest in APM Terminals Zeebrugge NV.Unit entered into a legally binding MOU with APM Terminals.APM terminals will acquire from SIPG shares followed by sale of SIPG shares with shares held by APM terminals to CSPD.APM terminals informed company that its original acquisition costs of sales shares amount to about EUR89.8 million in total.

Hyundai Merchant Marine to buy 5 VLCC for 470.28 bln won

Thursday, 31 Aug 2017 11:48pm EDT

Sept 1 (Reuters) - Hyundai Merchant Marine Co Ltd <011200.KS> ::* Says it plans to buy 5 VLCC(Very Large Crude-oil Carrier) at a price of 470.28 billion won.

Hyundai Merchant Marine to buy two 11,000TEU container ships for 181.89 bln won

Thursday, 31 Aug 2017 11:43pm EDT

Sept 1 (Reuters) - Hyundai Merchant Marine Co Ltd <011200.KS> ::* Says it plans to buy two 11,000TEU container ships for 181.89 billion won .

Naigai Trans Line acquires Myanmar-based firm

Thursday, 31 Aug 2017 09:37pm EDT

Sept 1 (Reuters) - Naigai Trans Line Ltd <9384.T>:Says it fully acquired NTL NAIGAI TRANS LINE(MYANMAR)CO.,LTD., which previous company name was GTC-ASIA(MYANMAR)COMPANY LIMITED.Previous news was disclosed on July 28.

Cosco Shipping Holdings announces establishment of joint venture co in Shanghai

Wednesday, 30 Aug 2017 09:20am EDT

Aug 30 (Reuters) - Cosco Shipping Holdings Co Ltd <601919.SS>:Cosco Shipping Development, Shanghai Pan Asia, unit and vision credit entered promoters agreement to establish joint venture co in shanghai.Pursuant to promoters agreement,Shanghai Pan Asia agreed to contribute rmb50 million, representing 25% of registered capital of jv co.

Daito Koun acquires shares of Singapore-based firm Ever Glory Logistics Pte. Ltd.

Tuesday, 29 Aug 2017 02:37am EDT

Aug 29 (Reuters) - Daito Koun Co Ltd <9367.T>:Says it acquires 202,688 shares (67.6 percent stake) of a Singapore-based firm Ever Glory Logistics Pte. Ltd. .

Bollore Transport & Logistics acquires part of business and assets of Necotrans Group

Friday, 25 Aug 2017 12:30pm EDT

Aug 25 (Reuters) - BOLLORE SA ::BOLLORE TRANSPORT & LOGISTICS ACQUIRES PART OF BUSINESS AND ASSETS OF NECOTRANS GROUP IN FRANCE AND AFRICA.

Pallas Group cancels acquisition of Smart Energy Sweden Fuels AB

Friday, 25 Aug 2017 09:30am EDT

Aug 25 (Reuters) - PALLAS GROUP AB ::ACQUISITION OF SMART ENERGY SWEDEN FUELS AB IS CANCELLED.

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