Page 64 - ΝΑΥΤΙΚΑ ΧΡΟΝΙΚΑ - MARTIOS 2023

News from the seas of the world

INTERNATIONAL WATERS

SHIPPING strong technical management hubs main- HAPAG-LLOYD INVESTS IN operations comprise container termi- important step to build up our terminal
TERMINAL INFRASTRUCTURE IN
and infrastructure business,” Rolf said
tained in Singapore and Europe.
nals, a multi-purpose terminal, inland
ENTREPRENEURSHIP Today, the two companies manage 1,000 INDIA container depots, container freight sta- Habben Jansen, CEO of Hapag-Lloyd.
Hapag-Lloyd signed a binding agree-
tions and additional logistics activities,
In driving its Strategy 2023, Hapag-Lloyd
ships, of which 450 are on full technical
DEVELOPMENTS management and 550 are on crew man- ment under which it will acquire 35% such as rail service offerings across India. has continuously expanded its involve-
of J M Baxi Ports & Logistics Limited The company employs around 5,400 ment in the terminal sector, most recently
agement. Many of the world’s leading ship-
ping companies are customers of OSM and (JMBPL) from a Bain Capital Private staff and handles a combined container through an agreement to acquire the ter-
Thome, and the fleet consists of different Equity affiliate. Additionally, Hapag- volume of approximately 1.6 million TEU. J minal business of Chile-based SM SAAM.
GASLOG PARTNERS LP AND GASLOG segments such as tankers, bulk, container, Lloyd AG signed a binding agreement M Baxi Ports & Logistics Limited recently Hapag-Lloyd also has stakes in the Ita-
LTD. TO MERGE car carriers, cruise ships and offshore ves- with JMBPL and its promoters, the won additional concessions for operating ly-based Spinelli Group, the JadeWe-
GasLog Partners LP recently announced sels and units. Kotak family, to subscribe to a capi- container terminals in Nhava Sheva and serPort in Wilhelmshaven, the Container
that its board of directors had received Completion of the merger of the two com- tal increase by the company and raise Tuticorin. Terminal Altenwerder in Hamburg, Ter-
an unsolicited non-binding proposal from panies is conditional upon approval from Hapag-Lloyd’s shareholding to 40 %. “Terminal and infrastructure investments minal TC3 in Tangier, and Terminal 2 in
GasLog Ltd. to acquire all the outstanding the competition and other relevant author- The contracting parties agreed not to are a crucial element of our strategic Damietta, Egypt, which is currently under
common units representing limited partner ities, which is anticipated during the first disclose any financial details of the agenda, and India is one of our key growth construction.
interests of the partnership not already quarter of 2023. Until the merger has been deal. markets. Acquiring a significant share in The closing of the transactions is subject
beneficially owned by GasLog. In connec- formally approved, the two companies will J M Baxi Ports & Logistics Limited is J M Baxi Ports & Logistics Limited will to approval by the relevant authorities
tion with the proposed transaction, each operate as before under separate manage- a leading private terminal and inland significantly boost our presence in India and additional conditions customary for
common unit would receive an overall value ment and organisations. transport service provider in India. The with a trusted local partner. It is another a transaction of this kind.
of $7.70 per common unit in cash, consisting
in part of a special distribution by the part-
nership of $2.33 per common unit in cash to
be distributed to the partnership’s unithold-
ers immediately prior to the closing of the
proposed transaction and the remainder to
be paid by GasLog as merger consideration
at the closing of the proposed transaction.

OSM MARITIME AND THOME MERGER
TO CREATE A WORLD SHIP
MANAGEMENT LEADER
OSM Maritime Group and Thome Group have
agreed to a merger of the two companies.
By joining forces, the companies will be
building an even stronger platform on which
they will continue to deliver world-class
ship management services to their custom-
ers and continue to improve. The combined
company will be named OSM Thome.
Both OSM Maritime and Thome are deeply
rooted in the Norwegian shipping tradition
and expertise and combine this with the
modern drive of Asian business enterprise.
The headquarters of the combined company
will be located in Arendal, Norway, with

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