Independent journal on economy and transport policy
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Zeaborn becomes only owner of the Zeamarine, one of the first world-wide operators of the segment breakbulk
It will acquire the quota the American New Mountain Capital
April 17, 2019
The Zeaborn German has signed an agreement in order to buy the share quota remaining in joint venture Zeamarine detenuota from the American investment trust New Mountain Capital. Zeamarine is constituted last August by the Zeaborn and the New Mountain Capital having reunited to you the business activities of the companies Intermarine, Zeaborn Chartering and Rickmers-Linen, creating to one of the main world-wide operators in the segment of the multipurpose ships with a fleet of about 90 units dedicated to the transport of loose exceptional cargos, goods and project cargo of comprised gross capacity between 6.300 and 30.000 tons and with an ability to raising until 1.400 tons. The transaction is subject to the approval of the authorities antitrust.
As a result of the escape of the New Mountain Capital from the company, the managing director of the Zeamarine has decided to introduce resignation and will be replaced by Ove Meyer, managing partner of the Zeaborn.
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