Two Finnish shipping firms active in the local shorthaul trade announced on Friday a deepening of their cooperation through a shareholding agreement.
Under the deal completed on 29 December, VG-Shipping acquires a 35% stake in Rederi Ab Nathalie (RABN), the two companies said in a joint statement.
No financial details were revealed other than that the transaction involves a straight share sale and a share issue “that strengthens RABN’s capital structure and improves [the] company’s ability to invest in further growth”.