Spliethoff Group of the Netherlands is taking over ForestWave Navigation to create a multipurpose (MPP) shipping giant with a fleet of 147 vessels.
The all-Dutch deal sees Spliethoff emerge as the majority shareholder through a “strategic alliance” that marks the latest consolidation in the multipurpose sector.
Spliethoff is already the one of the largest MPP operators with a fleet of 117 vessels ranging from 2,100 dwt to 23,000 dwt.
