ContainersEurope

United Africa Feeder Line to be sold

Germany’s Deutsche Afrika-Linien/John T. Essberger Group of Companies (DAL / JTE) is closing in on the sale of United Africa Feeder Line (UAFL), a regional container and feeder operator based in Mauritius.

Alphaliner reports in its latest weekly report that DAL/JTE has found a Luxembourg-registered investment fund to buy the line for an undisclosed price.

UAFL was founded in 2000. The company operates a network of services connecting the Middle East and India with East Africa, South Africa and the Indian Ocean Islands. It currently operates a fleet of five ships ranging in size from 600 to 2,268 teu.

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.

Comments

  1. Surely the text should read ”DAL is closing in on the purchase….”? …….and that DAL/JTE have founded………?
    It might also have been helpful; to mention from whom the company is being bought.

  2. It would be more informative if the buying investment company is also mentioned in your reports.

    Thanks

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