D÷hle Group buys Swan Container Line outright
Hamburg-based Peter D'hle Group has acquired 100 percent ownership of Isle of Man-based Swan Container Line for an undisclosed amount.
Swan Container Line was established in 2003 by equal share partners Eurogate International, D'hle Group, FESCO and NC Services Ltd., when it started a weekly liner service between Hamburg and Bremerhaven in Germany and St. Petersburg, Russia.
In a separate development, Swan Container Lines said it has doubled the sailing frequency of its Germany/St. Petersburg service to twice weekly after agreeing a slot charter deal with feeder operator ESF.