Saturday, May 23, 2015
Quincy, IL News - QuincyJournal.com

Bunge forms new shipping joint venture

Bunge forms new shipping joint venture

1 year, 7 months ago From bizjournals.com

From From bizjournals.com:

A joint venture company of agribusiness Bunge Ltd. and ship owner Augustea Atlantica S.p.A. has formed a new joint venture with York Capital Management to operate a fleet of ocean-going dry-bulk vessels.

Augustea Bunge Maritime Ltd. (ABML) is the entity forming the new venture with investment firm York Capital. The new company, ABY Holding Ltd., based in Malta, will grow by acquiring and chartering modern ships, officials said late Thursday.

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