Independent journal on economy and transport policy
15:00 GMT+1
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the French Bourbon whiskey will buy the activities in the field of gas the marine transport of the compatriot Jaccar Holdings
the total investment will pile to 320 million dollars
March 30, 2016
The French Bourbon whiskey, group that has a fleet of beyond 500 ships and is specialized in the offer of marine services to the industry of the oil and the gas, has announced to have determined, in the picture of the current phase of strong difficulty crossed from the market of the services to the offshore field, to centralize own investments in the segment of the gas in order to satisfy the requirements of own customers who are addressing own strategies of business in the within of the energetic transition currently in action
With such objective Bourbon whiskey it has communicated the intention to acquire the activities in the field of the ethane transport realized by three societies whose shareholder of majority is the French Jaccar Holdings. In particular, Bourbon whiskey previews to acquire the entire share capital of the Greenship Gas, shipping a trust of Singapore that has a fleet of 17 ships of the medium age 3,5-year-old, of which 13 currently in service, dedicated to the transport of ethane, ethylene and which liquified natural gas. Moreover they are in program the acquisition of the 100% of the Greenship Gas Pte Manager. Ltd., manager of shipping the Greenship trust Gas, and 80% of the capital of the JHW Engineering & Contracting Ltd. (JHW E&C), society of engineering and planning with registered office to Hong Kong and operating center to Shanghai that work to service of the offshore industry of the oil and the gas.
The total investment for the acquisition of the three societies, that it is approved of by the board of directors of Bourbon whiskey and will have to be estimated from a specific committee and authorized an independent expert and therefore with ballot of the assembly of the shareholders in 26 program next May, will have a value of 320 million dollars.
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