Stena now fully owns NTEX
NewsStena, already a majority owner of NTEX since 2020, has acquired the remaining 25% shares, becoming the sole owner, pending regulatory approval.
European Rail Shuttle in trouble
Although reports that it will be closing down have been denied, ERS Railway (European Rail Shuttle) needs to restructure, in order to stay in business. At the time of the WorldCargo News Online post on 8 February, we understood that US owner, Genesee & Wyoming (G&W), was preparing to axe the six pairs/week shuttle services between Rotterdam and Melzo (Milan) and Poznan in Poland by the end of March. The very next day, speaking at the Port of Rotterdam’s annual results conference, the port’s CEO,
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