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Announced

Sogestran to acquire a majority stake in De Poli Tankers from Team Tankers International.

Synopsis

Sogestran, a provider of water ferry services, agreed to acquire a majority stake in De Poli Tankers, a vertically integrated shipping company providing sea-borne chemicals transportation services globally, from Team Tankers International, a marine chemical transportation company. Financial terms were not disclosed. Specifically, the acquisition includes seven 8,000 dwt chemical stainless-steel parcel tankers and the entire organisation of Team Tankers in Marbella, Spain. De Poli Tankers Group will also commercially manage three chemical tankers for TTI for a limited period.

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