Thrustmaster Holdings B.V., affiliated with U.S.-based Thrustmaster of Texas Inc., has acquired a 58.5 percent stake in Blue Thruster, a Dutch-based maritime innovations company. With the transaction, Thrustmaster, a global… Read More
Mergers and Acquisitions
American Queen Steamboat Company announced November 12 a definitive agreement to acquire the Victory I and sister ship Victory II from Sunstone Ships Inc., as well as the Victory brand. … Read More
Kirby Corporation announced November 12 that it has signed an agreement to acquire substantially all of CGBM 100, LLC’s inland marine tank barge fleet for an undisclosed amount. Under the… Read More
Parker Towing Company Inc., Tuscaloosa, Ala., “one of the oldest, most respected barge lines in the country,” as its literature states, recently expanded its marine and terminal operations on the… Read More
A well-known marine electronics firm that has served the Lower Mississippi River and the Gulf Intracoastal Waterway for more than 3-1/2 decades has changed hands. Paul Mustacchia, owner, sold Wheelhouse… Read More
Ocean Tug & Barge Engineering Corporation (OT&BE), a naval architecture and marine engineering firm specializing in articulated tug/barge (ATB) design, announced October 11 that it is now a member of… Read More
Louisiana Gov. John Bel Edwards and a host of elected officials, economic development experts and business leaders gathered October 4 at the site of Avondale Shipyard, located on the west… Read More
Leading marine operations software company Helm Operations announced September 20 that it has been acquired by Toronto-based Volaris Group Inc. Volaris specializes in strengthening and growing technology companies and is… Read More
Schoellhorn-Albrecht, a St. Louis, Mo.-based manufacturer of marine deck equipment, has recently acquired Jones & Lockhart Welding Company. Brian Pavlisin, president of Schoellhorn-Albrecht, said the new facility is a perfect… Read More
Peabody Energy Inc., the St. Louis, Mo.-based thermal and metallurgical coal producer, announced September 21 that the company has signed a definitive agreement with Drummond Company Inc. to purchase the… Read More
