Samskip acquires ECL

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Samskip has completed the acquisition of Euro Container Lines (ECL). This move [ds_preview] aims to strengthen Samskip’s position in the Norwegian market by enhancing the speed and frequency of services for its Norwegian client base. The volumes are expected to increase substantially, from the current 55,000 TEU to 90,000 TEU; increasing overall annual volumes from 850,000 TEU to 885,000 TEU. The acquisition also means an expansion in the refrigerated transport capacity Samskip can offer connecting with its own cold stores in Ålesund and Rotterdam, which increases to around 275-300 reefer containers per week.