Peter Livanos buys ED&F Man Shipping

Peter Livanos buys ED&F Man Shipping

Peter Livanos’s DryLog has made his second company buyout in just two months.

The dry bulk firm has moved to buy freight trader ED&F Man Shipping, a company with around 35 geared bulk carriers on time charter.

Two months ago low profile DryLog revealed it was buying a 50% stake in ArcelorMittal’s shipping subsidiary, Global Chartering Ltd (GCL).

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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