DP World tables bid for 49% stake in Fesco

Container ship FESCO Pevek standing at berth container terminal. Vladivostok. East (Japan) Sea. 02.09.2015

ID 62173743 © Vladimir Serebryanskiy | Dreamstime.com

By Gavin van Marle

27/01/2020

The DP World acquisition path appears to have no end in sight. Splash247 this morning reports that the Dubai-based port operator has again turned its sights on Russian container carrier Fesco. A takeover offer by the port operator for a shipping line obviously has precedent, as it would follow recent acquisitions that have included feeder lines Unifeeder and Feedertech, as well as P&O Ferries.

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DP World Fesco Takeover Talk

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