Independent journal on economy and transport policy
02:48 GMT+2
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The American International Shipholding Corporation buys the compatriot United Ocean Services
The transaction will have a value of about 111 million dollars
October 12, 2012
The shipowning company American International Shipholding Corporation (ISH) has signed a definitive agreement with the compatriot United Maritime Group (UMG) in order to acquire the entire capital of the United Ocean Services (UOS) for about 111 million dollars.
UOS, founded in 1959, work the most important fleet than ships portarinfuse of American flag that work in the American traffics in the within of US Jones Act and that it is constituted by two to rinfusiere Handysize and of four barge-pusher crafts for an ability to 131.000 gross capacities in tons. Such fleet is employed within contracts over a long time span terminal that Tampa Electric and The Mosaic Company.
According to the forecasts, the transaction will be completed in the course of the last trimester of this year.
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The shipowning company American International Shipholding Corporation (ISH) has signed a definitive agreement with the compatriot United Maritime Group (UMG) in order to acquire the entire capital of the United Ocean Services (UOS) for about 111 million dollars.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
