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Samskip completes major Norwegian acquisition

Icelandic carrier Samskip acquires Euro Container Line AS. The move marks Samskip's second purchase in a short time, after picking up a 50 percent stake in reefer carrier Silver Green.

Icelandic Samskip has concluded the acquisition of Euro Container Line AS with a view to strengthening the shipping and logistics company's presence in Norway and the surrounding region.

The transaction marks Samskip's second acquisition in Norway in just a brief period of time after the purchase of 50 percent of the shares in Silver Green A/S, which is headquartered in Bergen and operates a fleet of 14 reefer vessels.

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