EMS Seven Seas buys out Wave Shipping

Singapore: EMS Seven Seas, an international ship chandler and leader in the provision of goods to the marine, offshore and defense sectors, has announced that it has appointed Lars Rosenkrands as the new ceo with immediate effect.

EMS Seven Seas also confirmed that it has entered into an agreement to acquire 100% of the shares of Wave Shipping, a maritime and port agency services company based in Singapore founded by Rosenkrands this year.

Under the new ownership, Wave will continue as a standalone division within Norway-headquartered EMS Seven Seas.

Rosenkrands said: “We are thrilled to become part of EMS Seven Seas, which will give us the ideal platform and support to shake up the shipping agency industry and to deliver on our mission to provide a higher level of convenience, transparency and consistency in serving clients and partners within the maritime industry. There are exciting synergies to explore between ship supply and port agency; as such, the combined EMS Seven Seas and Wave assets promise to bring unrivalled benefits to our customers.” Following the acquisition of Wave Shipping, EMS Seven Seas now has a combined office network across four continents and a network of more than 600 ports.  [18/09/14]

 

 

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