Thursday, 10 May 2018 18:12

CSL acquires 50% of Eureka Shipping

509 csl

The CSL Group has entered into an agreement with SMT Shipping to acquire 50% of Eureka Shipping Ltd., SMT’s pneumatic cement vessel business. The new joint venture will allow Eureka and CSL to combine expertise, resources and innovative technologies to expand services to customers in the seaborne cement powder and fly ash transportation markets around the world. CSL’s Australian cement shipping business is not included in the joint venture.  Eureka shipping operates a fleet of four cement carriers.

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