The Panamax Post

The discussions in progress between the UK P&I Club and the Through Transport Mutual Insurance Association, known as the TT Club, have generated mixed responses in the market. The two insurers, both managed by Thomas Miller, have close links but mostly cover different risks.

In recent years the focus at Marine Money’s late autumn New York conference has been less about publicly listed companies, with shares listed on big exchanges or traded over the counter, and those financing them, and more about non-public entities. 

A Bold Step Toward a New VLCC Powerhouse The long-anticipated merger between Bruton Limited and Andes Tankers II is now firmly on course, with both boards giving the green light and over 83% of Andes shareholders committing to the deal.

Global mining group Anglo American and Canadian miner Teck Resources have agreed to merge in a deal that will create one of the world’s largest copper producers with a combined market value of over $53bn.

South Korea’s HD Hyundai Heavy Industries has rolled out plans to merge with its affiliate HD Hyundai Mipo Dockyard by the end of the year, aiming to strengthen its position in the US naval and Arctic shipbuilding markets. 

 Will begin formal study to assess potential synergies

The merger of CMB.Tech and Golden Ocean is set to close on 20 August 2025, following a Golden Ocean special general meeting on 19 August and provided conditions of the merger such as refinancing of Golden Ocean are promptly completed.

Major US-based railroad grain shippers are in ‘advanced discussions’

Italian offshore engineering and construction giant Saipem and offshore engineering and services player Subsea 7 have signed a binding merger agreement between the two companies. 

Deal involves two of the world’s largest grain handlers

The Saverys family is pushing forward with its strategy to grow a shipping giant that will play a leadership role in the sustainable transition in the maritime sector.

Saipem and Subsea7 have agreed in principle to merge, creating a major global player in energy services. The combined company, to be named Saipem7, would…

Hengli Heavy Industry, the inheritor of collapsed shipbuilder STX Dalian, is planning to go public in a reverse merger with one of China's oldest ceramic porcelain manufacturers.

Transocean Ltd. is in talks to merge with rival offshore drilling contractor Seadrill Ltd., according to people familiar with the matter, just as oil explorers around the world are returning to the sea.

MOL has announced the merger of three maritime technology and engineering subsidiaries: MOL Marine & Engineering Co., Ltd.; MOL Ocean Expert Co., Ltd.; and MOL Ship-Tech Inc.

Pangaea Logistics Solutions announces merger with Strategic Shipping Inc. to expand their fleet by 60% and add 15 handy-size dry bulk vessels.

Two units of China’s largest shipbuilding conglomerate, China State Shipbuilding Corporation (CSSC), have moved to merge through a share swap deal expected to end competition and create a new global shipbuilding behemoth. 

Star Bulk and Eagle Bulk Shipping have officially combined in an all-stock deal, creating the world’s largest publicly-listed bulker owner.

Shareholders of  Eagle Bulk Shipping have voted in favour of a proposed merger with Greek dry bulk giant Star Bulk Carriers

A merger of Chesapeake Energy Corp. and Southwestern Energy Corp will create the largest independent U.S. producer

Stolt-Nielsen is interested in a merger with Odfjell. The chemical tanker competitor, on the other hand, flatly rejects the notion.

Euronav CEO Hugo De Stoop is leaving with immediate effect from the Belgian tanker company at the centre of a failed merger with John Fredriksen’s Frontline.