Safmarine said that it will continue to operate, unchanged, the North America/southern Africa and North America/Australasia liner services of SafBank, after it has taken full control of the company.
The takeover marks the end of a long cooperation between Safmarine and Bank Line, a sister company of Andrew Weir Shipping, since the SafBank joint venture was created in 1988.
Safmarine has filed a notice about the change with the U.S. Federal Maritime Commission.
It is expected that SafBank’s services will be renamed Safmarine.
SafBank runs a weekly direct container service between the U.S. and southern Africa in cooperation with its sister company Maersk Sealand, and with Mediterranean Shipping Co.
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The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now