Camillo Eitzen chief Axel Eitzen. Photo: -
Oslo listed Camillo Eitzen & Co has completed a deal to buy the Spanish chemical carrier company Naviera Quimica from Norwegian tanker king John Fredriksen.



Eitzen will take control of the shares of Naviera Quimica before the end of August, which marks the effective wrapping up of a $47m agreement to acquire seven chemical carriers ranging in size from 3,500 dwt to 7,500 dwt.



Naviera