A sign of all times, of the good times and of the bad times. Mergers and take-overs can re-shape the corporate map while shipping like other industries has seen all types of aggressive, peaceful, slow-steaming and forceful ones re-shaping the scene.
To mention a few of the MARine MERgers:
Fincantieri Spa (almost) take-over STX France shipyard (2017)
Jo tankers taken-over by Stolt Nielsen (2016)
MPC Group / Thien & Heyenga take-over of Ahrenkiel Group (2014)
DNV-GL merger (2013)
Carbon to Oxygen merger (C & O2 forming CO2) (since the beginning of time)
Chevron-Texaco (2000)
Exxon-Mobil (1998)
Columbia-Marlow (contemplated)
Ballast Water to Management (2017)
Merger is to Amalgamation like Take-over is to Acquisition
Finally, an amalgamation on a happier note is with “Offshore and IT e-merging” of
OSEAN 360.