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ArcelorMittal sells DryLog 50% in its shipping subsidiary

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ArcelorMittal has signed an agreement to sell a stake in the 50% in its shipping subsidiary, Global Chartering Limited, as reported by the steel giant to the National Securities Market Commission (CNMV).

The buyer has been Drylog, which will form a joint venture with Arcelor owned by each group at 50%. DryLog is a group controlled by the Greek shipowner Peter Livanos, also owner of Ceres Hellenic.

. (tagsToTranslate) ArcelorMittal (t) sells (t) DryLog (t) subsidiary (t) shipping (t) maritime (t) Category: All (t) Category: Market Report (t) Category: Company News (t) Category: Europe Report (t) Category: International News (t) Category: Pulses (t) Category: Pulses Europe (t) Category: Market Pulse

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