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Wednesday, December 24, 2025

Merger News

14 Apr 2025

NYK Group: Three Companies to Merge

Three shipping and ship-management companies within the NYK Group will merge. Credit: Adobe Stock/piter2121

Three shipping and ship-management companies within the NYK Group—Asahi Shipping Co., Ltd., Hachiuma Steamship Co., Ltd., and Mitsubishi Ore Transport Co., Ltd.—will merge as part of a business integration.Overview of New CompanyCorporate Name: NYK Bulkship Partners Co., Ltd. (tentative)President: To be determinedAmalgamation date: January 2026 (scheduled)Head office: TokyoBusiness bases: Tokyo, KobeNumber of owned vessels: 22Number of managed vessels: 91 (including vessels owned…

17 Mar 2025

Merger: Hendrik Veder Group (HVG) and Dutch Steel Fabricators (DSF)

Hendrik Veder Group (HVG) and Dutch Steel Fabricators (DSF) consolidate, creating a company active in the Offshore, Maritime, and Commercial Construction sectors. Credit: Hendrik Veder Group

After several years of collaboration, Hendrik Veder Group (HVG) and Dutch Steel Fabricators (DSF) are consolidating, creating a  â€śone-stop-shop” for lifting and rigging solutions. Two companies within the DSF Group—Gouda Constructie and Breda Constructie—will collaborate with HVG to offer an expanded range of lifting and rigging solutions to clients in the Offshore and Maritime industries. Customers will benefit from a fully integrated package of solutions, covering everything from design to installation.

10 Feb 2023

Boluda to Acquire Smit Lamnalco, Tugboat Fleet to Top 600

Image courtesy Boluda Towage

Boluda Corporación Marítima, through its Boluda Towage division, has reached an agreement to acquire Smit Lamnalco, the world's fifth-largest towage operator.With the acquisition of Smit Lamnalco, Boluda Towage will boast a fleet of 600 tugboats with its tendrils reaching 50 countries and 148 ports around the world.Smit Lamnalco is 50% owned by Boskalis Group and Rezayat Group currently employing more than 1,600 people and owning 111 vessels."Boluda is a company that has never stopped growing and transforming itself," said Vicente Boluda Fos, Chairman of Boluda Corporación Marítima.