Anglo-Eastern buys back Bocimar shareholding

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.”

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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