German multipurpose and shortsea carrier Arkon Shipping, which operates a fleet of more than 120 vessels, has gotten a new major shareholder in the form of logistics group Rhenus, which is acquiring a 40 percent stake in Arkon.
"During times of general consolidation in the shipping world, the formation of industrial partnerships makes sense and is a beneficial step," says Torsten Westphal, managing partner of Arkon Shipping, in a press release.
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