Gemini Cooperation takes effect
NewsAlliance shakeup moves forward with green light for Gemini Cooperation from FMC.
DFDS buys Norfolkline box division
Subject to the approval of the relevant competition authorities, AP Moller-Maersk subsidiary Norfolkline has signed an agreement sell its container division, Norfolk Line Containers BV, to DFDS Tor Line, part of DFDS Group. Terms of the deal were not disclosed.
The move is consistent with Norfolkline’s strategy to realign and strengthen its core ferry and intermodal businesses and to divest activities with no clear synergy with the rest of the Norfolkline Group.
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This complete item is approximately 200 words in length, and appeared in the August 2006 issue of WorldCargo News, on page 20. To access this issue download the PDF here.
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