Unifeeder-acquisition to strengthen Baltic activities

Unifeeder's takeover of Norwegian shortsea carrier Tschudi Lines will strengthen the company's Baltic Sea business at a time characterized by declining volumes from the Far East as well as consequences from the Russian crisis, CEO Jesper Kristensen tells ShippingWatch.

Photo: Unifeeder

Unifeeder's acquisition of Tschudi Lines comes in the wake of several other takeover's performed by the Danish carrier in recent years. But the latest acquisition is particularly interesting, as Tschudi Lines operates exclusively with shortsea shipping, CEO Jesper Kristensen tells ShippingWatch. The previous acquisitions have either been 100 percent focused on feeder, or a mix between feeder and shortsea.

Tschudi Lines operates exclusively with inter-European shortsea transports in primarily 45-foot containers, and the carrier currently has three services in the Baltic and North seas, namely Baltic Sea ‘Finbest’ service, North Sea service, and a Poland-Norway service. Unifeeder transports feeder cargo from deep-sea container carriers that need to transport their goods further into Europe, as well as a shortsea business that has, according to Jesper Kristensen, grown to a certain size over the years.

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