Boluda to acquire Samskip: ‘a combination to lead European shortsea shipping’

Boluda Shipping is to acquire Samskip, yet another sign of consolidation in the shortsea shipping scene, the deal intended to create a network spanning Northern Europe, the Iberian Peninsula, Canary Islands and West Africa.

Subject to regulatory approval, the deal is expected to complete on New Year’s Day, with the combined company’s 32 vessels offering more than 750,000 teu on 18 routes across 28 countries and 21 maritime terminals, as well as five rail terminals and more than 500 trucks.

Ignacio Boluda Ceballos, chair of Boluda, said: “We have a clear vision: to lead European shortsea shipping and make our network a competitive advantage for the businesses that place their trust in us.

“Bringing Samskip’s network and expertise together with Boluda’s maritime and logistics capabilities gives us the scale and opportunities to take that ambition further.”

This story was originally published by The Loadstar. Read the full story at The Loadstar →