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14 August 2020 The on-line newspaper devoted to the world of transports 14:09 GMT+2

January 21, 2019

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Original news
Hamburg Süd (Maersk group) will yield the activities of marine bulk transport sand banks to the CNCo (Swire group)

The acquisition will include Rudolf A. Oetker, with the exclusion of the segment tanker, the Furness Withy Chartering and the Aliabulk

China Navigation Company (CNCo), company integrally controlled from the Swire group of Singapore, will acquire the activities in the segment of the marine bulk transport sand banks of the German Hamburg Süd, company that recently is bought by the shipowning group Danish Maersk(on 1° December 2016). The acquisition will include the German Rudolf A. Oetker (RAO), with the exclusion of the activities of the company in the segment of the tankers that will continue to take part of Hamburg Süd, the society of brokerage Furness Withy Chartering, that it has centers to London and Melbourne, and the activities in the field of the bulk sand banks of the Brazilian Alianca Navegacão (Aliabulk), activities that make currently all head to Hamburg Süd.

The group Hamburg Süd work in the field of the solid bulk with a fleet of 45 ships rental constituted by unit Handysize, Supra/Ultramax and Kamsarmax/Panamax. "With this initiative - the managing director of Hamburg Süd, Arnt Vespermann has explained, commenting the agreement which signed with the Swire group - Hamburg Süd as expected focuses on the activity of the transport of line with own two marks in the field of the container Hamburg Süd and Aliança. Which part of the Maersk, that it is the greatest company than containerized marine transport of the world, this step is absolutely logical. Meanwhile CNCo is a company asserted and respected in the field bulk, in which it is growing, and therefore constitutes an excellent new house for RAO, Furness Withy and Aliança Bulk".

Currently CNCo, that it has about 2.500 dependent, has a fleet of about 135 ships constituted in great part from bulkcarrier (operated with the Swire brand Bulk instituted in 2012) and from multipurpose units.

According to the forecasts, the agreement will be carried to term within the first trimester of this year.

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