Geest Line sold

The world’s largest owner of conventional reefer ships, Seatrade, and Caribbean logistics specialist Jamaica Producers Group have bought out UK-headquartered Geest Line. No price has been revealed for the deal.

Geest, led by Peter Dixon, has been serving the Caribbean and Latin America markets for over 65 years. It will continue to operate independently following the joint venture takeover.

Alphaliner pointed out in its latest weekly report that Seatrade and Geest already have a close working relationship with five of Geest’s ships chartered from and managed by Groningen-based Seatrade.

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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