CNCo Completes Purchase Of Hamburg Süd’s Dry Bulk Subsidiaries

hamburg-sud

Hamburg Süd and The China Navigation Company (CNCo), a subsidiary of the Swire Group, have completed the sale of Hamburg Süd’s dry bulk shipping business, which includes Rudolf A. Oetker (RAO) and the bulk activities in Furness Withy (London and Melbourne) and Aliança Navegação e Logística, to CNCo after receiving regulatory approval. The sale was announced in January 2019. The RAO Tankers business unit is not included in the agreement and will remain part of the Hamburg Süd Group.

Representation...

https://www.marineinsight.com/shipping-news/cnco-completes-purchase-of-hamburg-suds-dry-bulk-subsidiaries/

China Navigation To Acquire Bulk Shipping Activities Of Hamburg Süd

santa clara

Hamburg Süd and The China Navigation Company (CNCo) have reached an agreement for CNCo to acquire RAO, Furness Withy Chartering and the bulk activities in Aliança Navegação e Logística.

Hamburg Süd and The China Navigation Company (CNCo), a subsidiary of the Swire Group, announced an agreement for CNCo to acquire the bulk shipping business in Hamburg Süd which includes Rudolf A. Oetker (RAO), Furness Withy Chartering and the bulk activities in Aliança Navegação e Logística (Aliabulk).

The bulk...

https://www.marineinsight.com/shipping-news/china-navigation-to-acquire-bulk-shipping-activities-of-hamburg-sud/