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Maritime News - 2016 May 12

12 May 2016

Cosco Pacific to Buy a 35% Stake in Euromax Terminal Rotterdam

China’s Cosco Pacific Ltd. will buy 35 percent of Euromax Terminal Rotterdam BV for 125.4 million euros ($143 million) for shares and loans amid an overseas expansion drive by Chinese companies.
12 May 2016

Safmarine Moves HQ to SA

International container carrier focused on trade to and from Africa, West and Central Asia, Safmarine will move its head office to Cape Town, South Africa, thereby returning to its roots.
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