German shipping company Harren & Partner has sold common feeder operator Caribbean Feeder Services, Inc to Spain’s Pérez y Cía
Caribbean Feeder Services launched the first independent feeder service in the Caribbean with its inaugural sailing on 1 August 1999. Its fleet of vessels, managed by Harren & Partner, supported its development and growth. Today, Harren & Partner continues to provide 50% of the vessels deployed in the CFS fleet.
Operating a hub-and-spoke network of feeder services for global and regional carriers, CFS currently operates a fleet of 16 vessels ranging from 700 TEU to 1,400 TEU capacity calling at 28 ports in the Caribbean with connections in all major transhipment hubs, although its biggest customer is ZIM, which hubs out of Kingston.
“All of our vessels deployed in the CFS fleet will remain with CFS, ensuring their long-term use. CFS will grow even bigger and stronger together with Pérez y Cía,” explained Peter Harren, Founder and Managing Director of Harren & Partner in Bremen.
The CFS management team headed by CEO Tom Paelinck will remain unchanged. The company will continue to operate from its offices in Miami, Kingston and Panama. Peter Harren will stay on the Board as Honorary Chairman.