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Published: November 2007
Rhenus to buy 50% stake in Swintrans
Subject to regulatory approvals, Germany’s Rhenus Logistics group will buy a 50% stake in inland waterways operator Swintrans Bevrachting BV, based in Zwijndrecht, the Netherlands, with effect from January next year. The purchase has been made through Rhenus Partnership GmbH & Co KG.
“Our goal is to continue to offer our customers suitable and sufficient shipping space,” said Rhenus Partnership’s MD Thomas Maasflen. “With its anticipated 26 articulated tug-barge systems with a capacity of almost 150,000t, Swintrans is an important component in this.” Swintrans currently possess 10 modern articulated tug-barge systems and 16 more are on order or already under construction....
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Read this item in full
This complete item is approximately 250 words in length, and appeared in the November 2007 issue of WorldCargo News, on page 14.
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