Independent journal on economy and transport policy
08:23 GMT+1
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Viking Supply Ships sells the activities of containerized marine transport of the TransAtlantic to the X-Press Feeders
the branch of ship management will be yielded the Swede AtoB@C Shipping
November 9, 2015
The activities of containerized marine transport of the company of Swedish navigation TransAtlantic will be acquired from the X-Press Feeders, company of Singapore that is world leader in the segment of the services feeder. It previews an agreement which signed with the Asian society from Viking Supply Ships, group leader of the TransAtlantic, that another agreement with the shipowning society has undersigned also private Swede AtoB@C Shipping in order to yield them the activities of ship management.
The agreement with X-Press, that it has a constituted fleet give beyond 21 ships of property and from 70 ships rental, previews that the branch container, private of the debits, is yielded for 3,1 million euros. The activities in the field of the container that will pass to the group of Singapore consist in those operated with the marks TransFeeder North Line, TransBothnia Container Line and TransFeeder South Line and include the activities of shipment and the transfer of 15 employed dependent to earth. Viking Supply Ships has specified that this segment of business, than X-Press will continue to operate with the TransAtlantic denomination Container, generates a annual turnover of about 420 million Swedish crowns (45 million euros) and a transported volume pairs to 105 thousand container teu. According to the forecasts, the transaction will be completed at the beginning of the next month.
The activities of ship management currently operated with the brand TransAtlantic Ship Management, that they include 16 dependent to earth and 230 marine ones, will be sold to AtoB@C Shipping at the beginning of the next month. These activities generate a annual turnover of about 17 million Swedish crowns and Viking Supply Ships has specified that they will be yielded to market conditions. The branch of ship management will maintain own center to Gotebord and will be renamed GoTa Ship Management AB. AtoB@C Shipping has center to Ystad and work a fleet of 30 multipurpose ships.
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The activities of containerized marine transport of the company of Swedish navigation TransAtlantic will be acquired from the X-Press Feeders, company of Singapore that is world leader in the segment of the services feeder. It previews an agreement which signed with the Asian society from Viking Supply Ships, group leader of the TransAtlantic, that another agreement with the shipowning society has undersigned also private Swede AtoB@C Shipping in order to yield them the activities of ship management.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
