Harren & Partner to acquire German carrier SAL Heavy Lift

The Bremen-based shipping group wants to expand its activities in the heavy lift segment by taking over SAL, a company of the “K” Line Group

Harren & Partner to acquire German carrier SAL Heavy Lift

The Bremen-based shipping company Harren & Partner and “K” Line, Tokyo, have reached an agreement for Harren & Partner to acquire German carrier SAL Heavy Lift on 27 July 2017. According to a press release, SAL will become the new dominant player in the super heavy lift segment (900 t to 2,000 t crane capacity).

SAL Heavy Lift, founded in 1980 in the “Altes Land” area near Hamburg, is one of the world’s leading carriers specialised in the sea transport of heavy lift and project cargo. Its offshore subsidiary, SAL Offshore, develops and supplies installation solutions for the oil & gas and renewables sectors. Part of the “K” Line Group since 2011, SAL has access to a fleet of 15 heavy lift vessels and a worldwide network of offices and agencies in 25 countries.

With SAL and Combi Lift, two heavy lift companies now belong to Harren & Partner. The family-owned company wants to expand its activities in the heavy lift segment. Together, Harren & Partner and SAL have a fleet of 26 heavy lift vessels. SAL will also manage the CL 900/Type 116 vessels as well as Combi Dock I and III in the future. From now on SAL will have the largest super heavy lift fleet in the industry (twelve +900 t vessels).

The Bremen-based shipping group was founded in 1989 by Capt. Peter Harren, and employs around 330 people ashore as well as around 2,300 regular crew members on board of vessels. Harren & Partner delivers the full range of services related to the entire life cycle of a ship. The core activity involves managing their own fleet of 70 vessels, comprising tankers, container feeders, heavy lift vessels, bulk carriers, dock ships and offshore vessels, as well as external tonnage.

www.harren-partner.de

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