Japanese shipping giant Nippon Yusen Kaisha (NYK) has acquired Kadmos, a maritime salary payments platform from Germany. This acquisition enhances NYK’s financial services, allowing it to support seafarers of various nationalities. The integration of Kadmos with NYK’s existing MarCoPay will broaden service offerings and improve financial support for seafarers worldwide.
LALIZAS is expanding in the Americas, having acquired Brazil’s leading lifejacket manufacturer, ATIVA NÁUTICA. Founded in 1998, ATIVA has grown significantly under Marta Lara and Roberto Sampaio. This acquisition reinforces LALIZAS’ commitment to nurturing small businesses while enhancing the nautical industry and setting new safety standards across continents.
Mazagon Dock Shipbuilders Ltd (MDL) is advancing towards acquiring a 51% stake in Colombo Dockyard PLC, which is currently facing financial difficulties. The deal, expected to formalize with a Memorandum of Understanding soon, aims to strengthen India’s maritime position while addressing job security concerns among trade unions amid potential management changes.
Noatum Maritime, a UAE-based maritime services provider, has acquired the region’s first all-electric hydrofoiling pilot boat and invested in two electric tug boats. These vessels aim to decarbonize operations and contribute to sustainability goals. The Artemis EF-12 pilot boat and Damen RSD-E tugs 2513 enhance energy efficiency and offer zero-emission solutions for port operations.
Adani Ports and SEZ Ltd has revealed plans to acquire a coal export terminal in Australia for $2.4 billion. The acquisition of Abbot Point Port Holdings Pte Ltd will enhance its foothold in the Asia-Pacific region. With a capacity of 50 million tonnes per annum, this move aligns with the company’s global growth strategy.
A Scandinavian mid-tier investment firm has acquired Cobham Satcom, a manufacturer of satellite communications terminals, to expand its technology focus in the maritime sector. The UK-based Cobham Group sold its satellite communications arm to Solix in Denmark. This acquisition will enable Cobham Satcom to invest in new communication terminals for various satellite networks.
A.P. Møller Holding, through its subsidiary APMH Invest, has made a cash offer to acquire all issued shares of Svitzer Group. The offer values Svitzer at $1.3 billion, representing a 31.7% premium. APMH believes private ownership will support Svitzer’s growth. The offer has been recommended by the Svitzer Board of Directors.
Russia’s VTB, the second-largest lender, failed to acquire Zvezda shipbuilding yard from Rosneft due to lack of financing. VTB’s USC couldn’t secure funds for the deal, halting negotiations. The yard specializes in building ice-class tankers for Arctic LNG transport. Despite setbacks, Russia aims to boost its shipbuilding industry amid Western sanctions.
J.F. Lehman & Company has sold Global Marine Group to Keppel Infrastructure Fund. GMG, a leader in subsea telecom services, has a long history dating back to 1850. The sale reflects GMG’s strength in the market and its ability to adapt to industry changes. The partnership with KIF is expected to drive continued success.
Mitsui Ocean Cruises has acquired a second luxury cruise ship from Carnival Corporation’s Seabourn Cruise Line, signaling its expansion in the domestic cruise market. The Seabourn Sojourn, with a gross tonnage of 32,477, was delivered to MOL on February 28 and will be chartered back to Seabourn until May 15, 2026.
Lloyd’s Register (LR) has acquired Ocean Technologies Group (OTG), solidifying its position as a leader in maritime digitalization and decarbonization. With previous acquisitions of OneOcean and a stake in ISF Watchkeeper, LR now offers enhanced safety, value, and sustainable growth for clients. The merger integrates human capital management and operational software.
A private equity consortium led by STAR Capital successfully acquired V.Group, the world’s top ship management company, with approval from all regulatory bodies. This acquisition will provide V.Group with additional capital for growth strategies. CEO Rene Kofod-Olsen praised the ownership consortium, which includes experienced investors in the shipping sector, and highlighted positive feedback from customers and colleagues.
Ripple Operations, a key player in maritime software, has acquired AdonisHR, a reputable Norwegian provider of crew management software. This merger aims to offer a comprehensive platform for maritime customers, optimizing crew safety and performance. With the backing of Bleecker Street Group, both companies are set to drive growth and innovation in the industry.
