The fund manager, part of the A.P. Moller Group, will acquire a 53.35% stake in Thaumas N.V., the company that indirectly owns Euroports, gaining access to 40 sea and inland terminals across 10 European countries and China.
The two have reached an agreement, following which the Finnish shipping company will handle the transportation of raw materials and finished steel products for the new steel mill under construction in Swedish Boden.
The manufacturer has signed contracts with China Merchants Jinling Shipyard to supply ro-ro equipment for the Lübeck-based shipping line's two brand-new hybrid ferries.
By purchasing the remaining 50% from Nylunds Properties, the designer and manufacturer of aluminium and composite boats has become the sole owner of the seaport located in southwestern Finland.
The Vuosaari-Tornio route is operated by ArcticRail, with the trains carrying CMA CGM Finland's containers with raw materials for the steel industry in northern Finland.
The Port of Hartlepool's machinery park is now bigger with a new Konecranes Gottwald ESP.6 mobile harbour crane that's able to lift 125 tonnes and has a working radius of 49 metres.
The Turku-based ship design specialists will contribute to the EU-funded Horizon Europe project, coordinated by the University of Vaasa, tasked with accelerating the transition towards zero-carbon long-distance shipping through hydrogen-based technologies.
The ferry, until the end of April 2026 serving the terminated Grenaa-Halmstad service of Stena Line, will now ply between Långnäs and Naantali in the colours of Eckerö Link.