Nordic Shipholding's owner in new joint venture

The owner of Nordic Shipholding has entered a joint venture with BW Group aimed at securing consolidation in the product tanker market, says Nordic Shipholding Chairman Knud Pontoppidan.

Pacific Alliance Group ("PAG"), which controls Nordic Shipholding's majority stakeholder Nordic Maritime S.á r.l., has signed a deal with BW Group to establish a joint venture to target a consolidation in the product tanker market, according to a company announcement from Nordic Shipholding on Monday morning.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs