Marlow Navigation welcomes MPC Oceanic Group as strategic shareholder
MPC Oceanic Group AG, and the shareholders of Marlow Navigation Co. Ltd. (“Marlow”), today signed an agreement under which MPC Oceanic Group will acquire a 41% stake in Marlow. The transaction builds on a relationship between the two groups spanning more than a decade and establishes a long-term strategic partnership, while preserving Marlow’s operational independence, ...
MPC Oceanic Group has announced its acquisition of a 41% stake in Marlow Navigation Co. Ltd., a leading ship management services provider headquartered in Limassol, Cyprus. The strategic partnership, which builds on a decade-long relationship between the two groups, aims to strengthen their combined capabilities in crew management, technical management, and seafarer training.
Marlow, which operates over 1,150 vessels worldwide, will retain its operational independence and majority ownership, while MPC Oceanic Group, a Hamburg-based publicly listed group active in maritime and energy sectors, will benefit from access to a wider set of specialist capabilities and investment capacity.
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- MPC Oceanic Group acquires 41% stake in Marlow Navigation hellenicshippingnews.com
