By Teis Jensen COPENHAGEN, April 12 (Reuters) - Danish shipping and logistics company DFDS has agreed to buy Turkish freight shipping operator U.N. Ro-Ro from Turkish private equity firms Actera Group and Esas Holdings for 950 million euros ($1.17 billion) on a debt-free basis. It marks a change of course for the Turkish company, which had planned an initial public offering … [Read more...]
Danish DFDS To Buy Turkish U.N. Ro-Ro in $1.2 billion deal
by Teis Jensen (Reuters) - Danish shipping and logistics company DFDS has agreed to buy Turkish freight shipping operator U.N. Ro-Ro from Turkish private equity firms Actera Group and Esas Holdings for 950 million euros ($1.17 billion) on a debt-free basis. It marks a change of course for the Turkish company, which had planned an initial public offering for up to 57.7 … [Read more...]
MSC Containership Collides with RoRo in the Netherlands
Authorities in the Netherlands are investigating a collision involving an MSC containership and a DFDS roll-on/roll-off cargo ship over the weekend. The incident occurred Saturday morning off Vlissingen, Netherlands when the 270-meter MSC Madrid struck the port side of the Ro-Ro Primula Seaways as the containership sailed for Antwerp, Belgium. Both ships were damaged in … [Read more...]
Marine Pilot, Captain Handed Suspended Sentences Over ‘City of Rotterdam’ Collision on River Humber
A former ship captain and a marine pilot have each been handed four-month suspended sentences in connection with the collision between the vehicle carrier City of Rotterdam and a DFDS roll-on/roll-off passenger ferry on the River Humber in December 2015. Gehan Sirimanne, a marine pilot who is now retired, and Ruslan Uromov, a former captain, were sentenced at Hull Crown … [Read more...]
Post-Brexit Customs Checks Seen as ‘Catastrophe’ for UK Shipping
By Kylie MacLellan LONDON, April 12 (Reuters) - The introduction of physical customs checks following Brexit would be a catastrophe for British ports and shipping and would likely reduce the volume of trade, the head of the sector's UK industry body said on Wednesday. Prime Minister Theresa May has said she wants a customs arrangement with the European Union which allows … [Read more...]