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Regions :: Southeast Asia
Trader Integra jointly acquires Singapore tanker operator
2:54 PM MDT | June 27, 2013 | Ian Young
Integra Holdings (Singapore), the parent of trading company Integra Petrochemicals, says it has agreed with bulk shipping company Cldn-Cobelfret (Luxembourg) to acquire jointly the assets of tanker operator Broström Singapore from Maersk Tankers Singapore. The transaction will be finalized by 2 September, Integra says. Financial terms were not disclosed. Broström Singapore will be renamed BTS Tankers and will continue to operate as a separate company. Broström Singapore has a fleet of 13 tankers, consisting of 11 intermediate vessels with tonnage...
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