Crescent Focuses on Tankers and Ferries

Wednesday, February 06, 2002
U.K. shipping and transport group Crescent PLC has focused its operations on short sea tanker and freight ferry operations. "Following our strategic plan to move out of owning tonnage in the short sea dry bulk sector, we are happy to have completed the sale of nine vessels over the last year," says Kevin Hobbs, Crescent group operations director. "That has cleared the way for us to focus on the two sectors where we can add value. That is our high-intensity coastal tanker fleet and our freight ferry operations." "We are now in a strong position to expand, and having moved out of what we consider a sector with less promise, we are now actively researching opportunities in coastal tanker and ferry trades," says Hobbs.
Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Location of New Port Expansion Projects: Analysis

When it comes to port development, many governments now favour letting the market decide where expansion should take place, whereas most other transport infrastructure,

Europe Sleep Walking into an Energy Crisis: Analyst

The downing of flight MA17 has prompted calls for further sanctions on Russia targeted at its energy sector. Douglas-Westwood in its 'DW Monday' analysis considers

GAC North America Passes the Helm to Schensema

GAC says it  has moved Claus Schensema to Houston, Texas, where he will take up the post of Managing Director of GAC North America Logistics. Schensema brings

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Navigation Port Authority Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1178 sec (8 req/sec)