Continued expansion

The tank container industry is going on the offensive in terms of defending its patch, with flexitanks and ocean carriers in its sights.

Den Hartogh Logistics has acquired Tschudi Tank Transport Oy in Finland, the tank transport division of the Tschudi Group, based in Turku

The facility is part of an integrated storage and transport concept that BASF is using to improve customer service and significantly reduce logistics costs at the same time

In a “Joint Reasoned Opinion,” the Executive Board and Supervisory Board of VTG, one of the leading railcar leasing, rail logistics and tank container logistics companies, state that the offer price does not reflect the company’s true value, does not contain a control premium in line with the market and is a substantial discount on comparable transactions

The growing liquefied natural gas (LNG) market is stimulating an increasing need for transport storage capacity, in the form of intermodal tank containers.

The merger of Den Hartogh and Interbulk group will “create a global top three logistics services provider” for the chemicals industry. The merged company will trade with the Den Hartogh brand and continue to be based in Rotterdam