CP Ships Denies Reports of Acquisition

Monday, March 03, 2003
CP Ships Limited announced that it does not intend to acquire Kien Hung. Growth through selective acquisition is a well-known element of CP Ships' overall business strategy. Therefore, at any given time a number of possible transactions are likely to be under consideration and there is on occasion rumor of its possible interest in particular businesses. As a matter of policy, CP Ships does not usually comment on such rumors or associated reports. However, in light of a number of recent inaccurate reports of a definitive transaction between CP Ships and Kien Hung, an exception is being made in this case.
Maritime Reporter September 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Woman Medevaced from Cruise Ship off SouthWest Pass

The Coast Guard medevaced a 50-year-old woman from a cruise ship 225 miles southeast of Southwest Pass, Saturday. Watchstanders at Coast Guard District 8 received a call at approximately 9 a.

Demands for Icebreaker Tours Spiral

Plans to terminate commercial tours to the North Pole on the nuclear-powered icebreakers of the Atomflot company in 2016 have surged the demand for these tours.

New Chair for Townsville Port

The Palaszczuk Government has appointed one of Queensland’s most respected businesswomen, Renita Garard as the new Chair of the Port of Townsville. In a statement released earlier today,

Maritime Careers / Shipboard Positions Maritime Security Navigation Offshore Oil Pod Propulsion Salvage Ship Electronics Ship Repair Ship Simulators Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1252 sec (8 req/sec)