August 26, 2013 - Assignment

TransAtlantic partners with AtoB@C Shipping on short sea bulk activities

Rederi AB TransAtlantic has agreed to partner with AtoB@C Shipping to outsource all the commercial activities of its short sea bulk division, effective 1 September 2013. As part of the agreement, AtoB@C will also charter all TransAtlantic short sea bulk vessels. The agreement is part of TransAtlantic’s ongoing restructuring and repositioning program and this partnership between TransAtlantic and AtoB@C creates the leading Nordic actor in the Baltic short sea bulk market.

AtoB@C Shipping is a privately owned shipping- and logistics company headquartered in Ystad, Sweden. The fleet currently includes 15 ice-classed vessels. Rederi AB TransAtlantic is a leading Swedish shipping company with headquarters in Gothenburg, Sweden and additional offices in Europe. The company’s B-shares are listed on NASDAQ OMX Stockholm.

TransAtlantic was advised by Mannheimer Swartling. The firm’s team included Stefan Brocker and Emma Olnäs Fors; Henric Diefke handled employment law matters.