Stena Rederi, a part of Swedish shipping company Stena AB, and Hyundai Glovis Europe are looking to team up in a European car carrier joint venture
The companies have filed a merger application with the European Commission’s competition authorities for the unnamed joint venture.
Created through the purchase of shares, the new unit would mainly operate short-sea transport services on pure car and truck carrier (PCTC) vessels in Europe.
The provisional deadline for approval from the European Commission for the latest venture is 13 February 2019
