Europe
Anglo-Eastern buys back Bocimar shareholding
Hong Kong: Hong Kong-based Anglo-Eastern Ship Management has bought out the shareholding of its top shareholder. The shipmanagement giant, with more than 400 ships on its books, paid an undisclosed sum to buy back the 29% shareholding held by Bocimar, a firm controlled by CMB Group. Like CMB, top management at Anglo-Eastern are also Belgian.
Peter Cremers, Anglo-Eastern’s ceo, told Splash: “We have acquired the shares Bocimar was holding into Anglo-Eastern returning to our original state of a truly independent shipmanager.”