Kursiu Linija Sells Eimskip Share
Kursiu Linija sold a further 20-percent share of its equity to Icelandic transport company Eimskip. The move gives Kursiu Linija additional financial power and paves the way for expansion plans. Following the increase in Eimskip’s stake, Kursiu Linija will be run by a four-man board consisting of Bragi Thor Marinosson, Bjorn Einarsson, Stefan August Magnusson and Kursiu Linija founder and former managing director Arijus Ramonas. Ramonas has been elected chairman of the board, and the board has appointed Thorkell Palsson as managing director.
Kursiu links Sweden, Germany and Lithuania
south-eastern Sweden. The service will also call at Klaipeda in Lithuania. strategically located port, with excellent infrastructural links. new service will perform two vital functions. and southern Sweden. in Sweden, under the name Kursiu Linija Sweden AB. chains in Western Europe. our own offices in key locations. Passaden and the 510 teu Atlantic Comet. States, Poland, the CIS and the UK and Northern Europe. Rotterdam, Hamburg, Bremerhaven and Ahus.
Kursiu Linija Joins Forces with Eimskip
Kursiu Linija has sold a fifty percent share of its equity to Icelandic transport company Eimskip. The deal gives Kursiu Linija resources to continue its growth and develop new intra European services, and continues Eimskip’s strategy of becoming a transport leader, offering total services in the North Atlantic through a network linking key ports in Europe. Lithuania-based K ursiu Linija has an expected turnover of approximately $76.6m in 2006 compared to $58.8m in 2005. The company is expected to show profits for 2006. Kursiu Linija will continue to be managed by the current management, including Arijus Ramonas, managing director of the company.
Kursiu Linija Expands
services by shifting its Belgian operations from Oostende to Zeebrugge. States/Russia markets. and Ireland.. high-cube pallet wide units our industrial clients want. through our alliance with C2C. States and Russia. feeder cargo from Zeebrugge to the Baltic, benefiting APL clients. also offer direct services linking Rotterdam and Teesport with Zeebrugge. Baltic/Europe routes with all high cube container capacity. containers, bringing its fleet of modern containers to over 3,000 units. driving our expansion. Poland, the CIS and the UK and Northern Europe. Rotterdam, Hamburg and Bremerhaven.
Kursiu Linija invests in Europe
demand for short sea transportation linking Eastern and Western Europe. Felixstowe, Rotterdam and Hamburg. office in Riga in August. Kursiu Linija. now require us to have our own offices in key locations. system across all of them. Linija's UK gateways. In Rotterdam it will employ 8 staff and in Hamburg 6. us from Eimskip," explains Martin Dale, marketing director. continuity and a platform to build on. and tracking. Klaipeda, Lithuania. operational costs. units. reducing costs for the customer.
Containerships Rebrands South Baltic Services and Agencies
Containerships is rebranding the South Baltic services and agencies built up under the Kursiu Linija name. From February 1, 2007 all Kursiu Linija services will be operated under the Containerships name. Containerships will also have its own agents in Lithuania and Latvia, under the names of Containerships Lithuania and Containerships Latvia. These replace UAB Arijus and Kursiu Linija Latvia. The Finland, Russia, Poland, Sweden service has also been enhanced from January 30, when the Carina made its first call in Klaipeda. She will add in Klaipeda into her rotation, which will then be: Helsinki - St. Petersburg - Klaipeda - Gdansk - Sodertalje.
Eimskip, Containerships and Kursiu Linija form Joint Venture
Shipping and logistics company Eimskip, Lithuania's Kursiu Linija and Finnish shipping and container company Container Finance Ltd have joined forces to create a door-to-door logistics providers. The new joint-venture company Containerships Group will be based in Helsinki and will operate eleven ships on services linking east and west Europe, the Baltic States and Russia. It will be the cornerstone of a much larger alliance including the services of its parent companies. Eimskip, which earlier this year completed the purchase of Kursiu Linija, has purchased 65 per cent of Containerships Group, the shipowning and logistics arm of Finland's Container Finance Ltd. Kursiu Linija will become a subsidiary of Containerships Group.