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MERGER APPROVAL FOR SHIP REPAIR COMPANY BUYOUT

The acquisition by DCD Dorbyl (Pty) Ltd of private South African ship repair company, Elgin Brown and Hamer Group Holdings (Pty) Ltd, has been conditionally approved by the Competition Tribunal.

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HAKE, COLD STORAGE DEAL GETS THE NOD

South African listing fishing company, Oceana Group, has acquired Lusitania Fishing’s Hake business and control of V&A Cold Store including applicable assets, employees and customers.

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ENVIRONMENTAL RESEARCH NOT FISHERIES RESEARCH

There has been no official government communication about marine services specialist Smit Amandla Marine being contracted to manage the marine patrol vessel, Algoa, as reported in the South African daily press and on an environmental blog which suggest that the vessel will be used for fisheries research.

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COMPETITION AUTHORITIES APPROVE TRANSACTION

The European and South African Competition authorities have approved the transaction announced in March 2012 in which Grindrod Limited, the integrated logistics and shipping business, agreed to sell a 50% interest in Cockett Marine Oil (Cockett) to Vitol,

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