OceanX: LatAm boom & gossip; MSC's rising logistics star; Trump-led blank sailings
Strictly on the QT!
“Imperial (…) entered into a sale of shares agreement for the acquisition of 100% of the issued share capital of Deep Catch Namibia Holdings (Deep Catch) for an estimated purchase consideration of N$633m (ZAR633m), from an investment consortium led by Salt Capital. The consortium includes the German development finance institution and management shareholders.” – Imperial Logistics, 17 June 2021.
Very briefly.
That’s a deal worth just about U$45m-equivalent, coming after a rather long wait as Imperial management had talked up M&A in the past.
While ...
Keep our news independent, by supporting The Loadstar
European port congestion now at five-to-six days, and getting worse
Spot rates on transpacific surge after news of tariff time-out
'Cargo collision' expected as transpacific capacity tightens and rates rise
Houthis declare blockade of port of Haifa – 'vessels calling will be targets'
Another CMA CGM vessel heading for Suez Canal – 'to mitigate schedule delay'
Ocean rates rise after tariff pause acts as 'starting gun' for more front-loading
News in Brief Podcast | Week 20 | 90-day countdown, India and Pakistan
Demand for transpac airfreight capacity returning – but 'it's not ecommerce-driven'
CMA CGM will carry on investing after 'solid' Q1, despite unclear outlook
Navigating supply chain trends in 2025: efficiency, visibility, and adaptability
Air cargo forwarders stick to spot rates – a long-term contract would be 'foolish'
Comment on this article