German tonnage supplier F Laeisz is set to become a substantial shareholder in Oslo-based Gram Car Carriers.
The transaction will see two Laeisz car carriers join the Gram fleet in a cash-and-shares deal.
The Laeisz vessels, the 5,000-ceu Passama and Passero (both built 2012), are changing hands in a deal that prices them at $61m together.
The transaction comes as Gram retools and postpones its plans for a stalled initial public offering, and cuts the valuation of its fleet, according to a report by Norway's daily business newspaper Finansavisen.
