The proposed transaction will bring together Vertom’s shortsea shipping
network and fleet of more than 80 vessels with UAL’s established liner and
project cargo operations serving the Atlantic basin and Africa. The companies said both businesses would
continue to operate under their existing brands and maintain their individual
identities while exploring opportunities for closer cooperation across
commercial activities, fleet deployment and customer services. Vertom chief executive Arjan de Jong said
the combination would strengthen both companies’ positions in the liner and
multipurpose shipping markets.
“By combining our fleets, networks and expertise,
we are creating a stronger, more competitive platform that enhances our market
position and broadens our service offering,” De Jong said. UAL
chief executive Roger Jungblut said the two companies shared a similar approach
to shipping and logistics services and saw opportunities to strengthen their
capabilities through closer cooperation.
The combination would create a broader network linking Europe, the
Caribbean, the US Gulf, South America, West Africa and East Africa, while also
building on UAL’s intra-African and Caribbean services.
Vertom, headquartered in Rhoon near Rotterdam, has
grown into one of Europe’s largest shortsea operators since its establishment
in 1974. The company operates across shipping, freight forwarding, tanker
chartering, port agency and liner services and employs around 1,000 people
globally. UAL, founded in 1973 and based in Capelle aan den IJssel, focuses on
multipurpose liner shipping and logistics, particularly for oil and gas-related
cargoes. The company operates geared multipurpose vessels and landing craft
serving trades between Europe, Africa, the Caribbean, the US Gulf and South
America. The companies said the combination is
expected to create opportunities to optimise vessel utilisation, expand market
access and enhance integrated logistics offerings covering breakbulk, project
cargo and container shipments.
The transaction remains subject to customary
procedures and approvals and is expected to be completed during the second half
of 2026.