Palumbo Wants to Be Uljanik’s Strategic Partner

Image Courtesy: Uljanik

Italian Palumbo Group has expressed interest in becoming a strategic partner of Croatian shipbuilder Uljanik. 

In a letter of intent (LOI) Uljanik received on January 2, 2018, Palumbo said it wants to participate in the process of the shipbuilder’s restructuring and diversification.

Uljanik is seeking a loan for the purposes of corporate recovery and restructuring. As part of the restructuring process, a new partner will join the company’s ownership structure.

Currently, Palumbo has several shipyards located throughout the Mediterranean. The facilities offer refit, repair and maintenance services for different types of vessels.

In December 2017, another company, Croatian Kermas Energija, part of Kermas Group, expressed its interest to become a strategic business partner of Uljanik.

Kermas Energija sees the potential strategic partnership as part of an integration between its subsidiary Brodotrogir and one or more European shipyards, according to local media.

World Maritime News Staff

Share this article

Follow World Maritime News

In Depth>

Events>

<< Apr 2018 >>
MTWTFSS
26 27 28 29 30 31 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 1 2 3 4 5 6

Europort 2018

From 15-17 May 2018, the 12th edition of Europort Romania willl take place in the IDU Hall in Constanta…

read more >

Singapore Maritime Week 2018

Singapore Maritime Week (SMW), organised annually by Maritime and Port Authority of Singapore (MPA) and attracts…

read more >

DANISH MARITIME TECHNOLOGY CONFERENCE 2018

DMF is part of the “Danish Maritime Days” – a concept, which integrates under the same umbrella a multitude of activities dedicated…

read more >

OPENING OCEANS CONFERENCE 2018

This conference brings together the maritime industry and the emerging ocean industries to discover common pathways for sustainable…

read more >