Independent journal on economy and transport policy
07:11 GMT+2
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Safmarine yields 51% of Ocean Africa Container Lines to Grindrod
the South African group stops the entire property of the company
August 27, 2012
The company of Safmarine navigation of shipowning group Danish A.P. Møller-Mærsk has yielded 51% of the capital stock of the Ocean Africa Container Lines (OACL) to the South African group Grindrod, that she has so become only shareholder of the navigation company.
OACL work line services that scale the main ports of the South Africa, the Namibia and Angola and greater lines feeder to service of carrier marine the world-wide ones. Currently the company has a fleet of four portacontainer of the unitary ability to 800-1.200 teu.
The new managing director of OACL is Mahmood Simjee, previously general manager of the company, has confirmed that Ocean Africa Container Lines will continue to operate is with Safmarine that with its consorella Maersk Line.
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The company of Safmarine navigation of shipowning group Danish A.P. Møller-Mærsk has yielded 51% of the capital stock of the Ocean Africa Container Lines (OACL) to the South African group Grindrod, that she has so become only shareholder of the navigation company.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
