Hapag-Lloyd in $1bn deal to buys SAAM's logistics and terminals
Chile-based SAAM has agreed to sell its port terminals and logistics operations to Hapag-Lloyd in a $1bn transaction.
Source: seatrade-maritime.com
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Hapag-Lloyd splashes $1 billion on SAAM's port terminals & logistics business
Hapag-Lloyd has signed a binding deal with Chilean Sociedad Matriz SAAM for the acquisition of port and logistics business.
Source: offshore-energy.biz
SAAM Reaches Agreement to Acquire Tugs from Starnav in Brazil | Hellenic Shipping News Worldwide
SAAM achieved a new milestone for its Towage Division today after signing an agreement with the Brazilian company Starnav to acquire 17 tugs currently operating in Brazil. The deal also involves the purchase of four additional tugs presently under construction. “This agreement, one of the largest transactions in SAAM’s history, enables us to continue growing ...
Source: hellenicshippingnews.com
SAAM expands in Brazil acquiring 17 tugs from Starnav
SAAM's Towage Division is buying 17 tugs operating in Brazil from Starnav, plus four newbuilds under construction, for $198m.
Source: seatrade-maritime.com
SAAM earnings up 33% in first quarter and company announces new international acquisitions
SAAM, a provider of port, towage and logistics services in 14 countries in the Americas, reported positive results for the first quarter of 2022. The company had net income of US$23 million, up 33% with respect to the same period last year, while sales and EBITDA reached US$202.2 million (+20%) and US$71 million (+14%), respectively. ...
Source: hellenicshippingnews.com