Christiania Strengthens Position with Chemical Tanker Deal

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Christiania Shipping has announced the acquisition of NAVQUIM Holding from Sogestran Shipping at the beginning of September 2024, reports Offshore Energy.

The transaction has now been completed, following which a fleet of stainless steel chemical carriers, contract partners, and technical know-how will be added to Christiania Shipping.

In total, the company’s fleet has 42 vessels on the water, out of which 29 chemical carriers and 13 LPG vessels, and several newbuilds on order.

Furthermore, the acquisition enables Christiania Shipping to increase its presence in Europe with offices in Oslo, Copenhagen, Rotterdam, Marbella, and Golf Juan.

Fridtjof C. Eitzen, CEO of Christiania Shipping, said: “We are very pleased to conclude the transaction to acquire Navquim. Our strategy is to secure cargo, consolidate and renew, and this acquisition is as such strategically important to us.”

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Source: Offshore Energy