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21 July 2019 The on-line newspaper devoted to the world of transports 21:56 GMT+2

July 26, 2017

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Original news
Nor Lines has found another potential purchaser in the Dutch Samskip

the Dutch society has tightened an agreement with group DSD in order to buy the activities of the Norwegian company

After the failure of the proposal of acquisition of the company of Norwegian navigation Nor Lines advanced from the Eimskip Icelandic, attempt that is shipwrecked because of the failure of takeover from the authority the Norwegian antitrust(of 3 November 2016, 24 February and 4 April 2017), Nor Lines has found another potential purchaser in the Samskip Dutch. This last one in fact has tightened an agreement in order to buy the activities of the Norwegian company with the DSD, group leader of the Nor Lines, understanding that is also it subject to the approval of the Norwegian Competition Authority.

the agreement of acquisition which signed with Samskip includes the terminalistiche activities in Norway and the activities of storage and terrestrial transport, while five of the seven multipurpose ships of the fleet of the Nor Lines will be rented to the Samskip. Moreover 170 dependent of the Nor Lines in Norway will pass to the Samskip. To transaction capacity to term, the yielded activities will continue to being operated under the brand Nor Lines.

During the last few years Samskip has remarkablly increased own activity with Norway arriving to enliven a traffic of approximately 90.000 teu per year between Norway and the Europe North. Between the activities carried out in Norway, the Dutch group work a cooled terminal for producing to Aalesund through the society integrally controlled to frigoCare and moreover possesses 50% of the capital of the society of Norwegian navigation Silver Sea who has a fleet of 14 ships reefer.

Evergreen Line
Vincenzo Miele

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