Infrastructure investor CVC DIF has completed the acquisition of a majority stake in Spanish ship repair specialist Cernaval, giving the private equity group a foothold in one of Europe’s busiest maritime crossroads. The transaction covers the shipyard at Campamento in the Port of Algeciras Bay, strategically located on the Strait of Gibraltar. Financial terms and …
Read the full story at Splash247
Summary and headline belong to Splash247. Sea Tusker lists news for industry awareness and does not own or endorse third-party content.
The Institute of Chartered Shipbrokers (ICS), the professional body for the commercial shipping industry worldwide, has officially welcomed its new senior officers at this year’s Controlling Council meeting…
Sale & Purchase: The second-hand market was busy this week, with fifteen vessels reported sold or committed for further trading, nine dry Source: Lion Shipbrokers Limited
Two significant European consolidation deals this week illustrated the shipping industry’s appetite for greater control over supply chains. Spanish shipping group Boluda agreed to acquire Dutch multimodal…
