ThyssenKrupp To Selling Shipping Unit

August 28, 2001

ThyssenKrupp AG will reportedly gain more than $350 million from the sale of its Krupp Seeschiffahrt shipping unit. The unit, which has annual turnover of about $200 million, will be sold to General Ore Intl., which is a U.S. based company. - (Reuters)

Related News

US House Panel to Hold Hearing on Baltimore Bridge Collapse Euroseas Charters Newbuild Container Ship and Secures Financing for Another One QatarEnergy and Nakilat Sign Long-Term Agreement for Nine QC-Max LNG Vessels McDermott’s Subsidiary Grabs Marsa LNG Job Worth Up To $250M Authorities Identify Sixth Bridge Collapse Victim