Zeaborn Group is forming a joint venture with MPC Capital Group to combine their global activities for chartering and managing 160 container and bulk carriers
The joint venture will operate under the name Harper Petersen – which Zeaborn already uses for its activities in this area – a statement by Watson Farley & Williams (WFW) said, which is advising Zeaborn on the joint venture.
It added “Zeaborn contributes its relevant companies in Hamburg, Hong Kong and Singapore into the joint venture. MPC adds its active companies using the brand Contchart in Hamburg, the Netherlands and Singapore to the merged activities. Those will be renamed to also run under the brand Harper Petersen.”
Zeaborn is a global, integrated shipping company, providing services along the entire value-added chain and caters for financing and capital market requirements. Under the brand Zeaborn Ship Management, the company offers the full range of ship management activities such as technical, commercial, crewing and operations.
MPC Capital AG is an international asset and investment manager for real asset investments. It focuses on the shipping, real estate and infrastructure asset categories.
The closing of the transaction is subject to the merger control clearance.
The Hamburg team of WFW was led by maritime partner Dr Christian Finnern.
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