It is no secret that Grimaldi does not regard lo-lo container stevedoring as core business and would like to sell off part of Finnsteve, which it controls through its 65% stake in Finnlines.
To facilitate a sale, at the start of this year Finnsteve was divided into three separate units: Finnsteve Oy Ab remains the parent company, with administration, marketing and operations in Turku, as well as ro-ro services in Vuosaari. Its affiliates are Containersteve, comprising the Kotka unit, lo-lo and depot functions in Vuosaari and FS-Terminals....
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This complete item is approximately 1000 words in length, and appeared in the December 2009 issue of WorldCargo News, on page 18.
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