A joint venture formed by Curaçao-based reefer transport company Seatrade Group and Jamaican logistics specialist Jamaica Producers Group has completed its acquisition o ..
Geest Line
Seatrade and Jamaica Producers in joint-venture to take over Geest Line
One of the longest-serving names in UK shipping is set to disappear, as Geest Line yesterday announced it would be acquired by the world’s largest reefer shipping operator, Seatrade, in a 50:50 JV with Jamaican food specialist Jamaica Producers (JP).
The purchase sum was undisclosed, but in a filing to the Jamaica Stock Exchange, JP CEO Jeffrey Hall suggested the deal was part of its vertical integration strategy.
“This acquisition is a …
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https://theloadstar.com/seatrade-and-jamaica-producers-in-joint-venture-to-take-over-geest-line/
Geest set to return services to Portsmouth after two years at Dover
Eastern Caribbean carrier Geest Line is returning to Portsmouth two years after leaving following scheduling issues.
The carrier relocated services from the south coast port to Dover in 2017, following the addition of five larger vessels and an increase in capacity of 40%.
General manager of commercial at Geest Jeremy Bristow told The Loadstar: “Portsmouth [operator Portico] has made changes, and this means it can now handle our larger modified service.
“It is important …
The post Geest set to...
https://theloadstar.com/geest-set-to-return-services-to-portsmouth-after-two-years-at-dover/
Geest Line returns to Portsmouth
Geest Line returns to Portsmouth
Eastern Caribbean shipping firm Geest Line is returning to Portsmouth two years after relocating to Dover.
The company moved its cargo handling operation to the Kent port due to scheduling difficulties at Portsmouth, which have now been resolved.
Geest Line’s headquarters and its 32 staff remained in Hampshire and bosses say it makes logistical and business sense to return.
The company has been an exclusively Europe-to-Caribbean freight operator for more than 60...
http://www.allaboutshipping.co.uk/2019/08/23/geest-line-returns-to-portsmouth/