Unifeeder to acquire India specialist

DP World-owned shortsea operator Unifeeder Group, through its Unifeeder ISC platform, has acquired feeder operators and NVOCC Transworld Feeders FZCO, Avana Logistek Limited, including its subsidiary Avana Global FZCO, and Transworld Feeders Pvt, the containerised Indian coastal and EXIM feeder shipping operations of Shreyas Shipping and Logistics, excluding vessels and bulk operations. Combined, the companies handle 1.2m teu annually. The deal is expected to close in 2020. [+]

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