Dutch shipping groups Vertom and UAL set out combination plans

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Dutch shipping groups Vertom and Universal Africa Lines (UAL) have announced plans to combine their businesses to expand their reach in breakbulk, project cargo, and container trades. The merger will integrate Vertom's shortsea shipping network and UAL's fleet of more than 80 vessels.

Dutch shipping and logistics group Vertom and fellow multipurpose specialist Universal Africa Lines (UAL) have unveiled plans to combine their businesses in a move aimed at expanding their reach across key breakbulk, project cargo and container trades. The proposed transaction will bring together Vertom’s shortsea shipping network and fleet of more than 80 vessels with …