Zeaborn buys CPO Tankers

Zeaborn buys CPO Tankers

Bremen’s shipping consolidator Zeaborn has made its next big acquisition, moving into the tanker segment by buying out Claus-Peter Offen Tankschiffreederei (CPO Tankers), the tanker management subsidiary of Offen Group. No price has been revealed for this latest transaction by fast growing Zeaborn, a company that has taken on many blue chip German brands since its founding just six years ago to become one of the largest shipowners in the country.

“With the takeover of CPO Tankers, Zeaborn stays on track concerning its strategy to further consolidate the shipping industry and expanding its services as an integrated and globally active shipping company,” the company stated in a release.

For Offen Group the divestment is part of plans to focus solely on post-panamax container vessels.

“We, as Offen Group, want to grow our leading position as owner/manager of post-panmax container vessels through significant investments in this sector. Pure shipmanagement services in tank or bulk are no longer in our focus,” Claus-Peter Offen commented.

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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