Seatrans Group have agreed with Nor-Lines to buy all of Nor-Lines’ 39% shares in Sea-Cargo.
Closing date of the transaction was 30.September. Through this transaction, the Seatrans Group owns Sea-Cargo by 96 per cent.
“Sea-Cargo has been a success story since it was started in 2001, and we are excited at the opportunity of further developing the business of Sea-Cargo. We are confident that this acquisition will further strengthen the growth prospects of Seatrans,” says Ship Owner Johan Hvide and Lars Helge Kyrkjebø.