Rotterdam, The Netherlands 2 August, 2019.

Windward Holding B.V. (“Windward”) and JZ Logistics Holding (overseas) Co. Limited  (“JZL”) today announced that JZL have acquired a majority interest in North Sea Tankers B.V. (“NST”) from Windward.
NST operates a fleet of chemical tankers serving  the chemical market in North West Europe and the Mediterranean. Under the new ownership structure, NST is set to strengthen its fleet composition and market presence.

With the entry of JZL as majority shareholder, NST will enjoy the backing of a financially strong partner having a strategic view to further develop its global chemical logistics services. Through increased investments in its fleet and back office, the company aims to continue building the platform for high quality transportation of chemicals. NST will continue to operate from its offices in Rotterdam, The Netherlands.

“This is a logical move for both JZL and NST. The investment provides JZL with a European platform from which global and regional European shipping presence can be further developed. NST will now benefit from JZL’s shipping expertise and financial muscle” said Niclas Kappelin, founder and CEO of NST. 
  
About Windward Holding B.V
Windward is a privately owned company which has interests in the ownership and operation of coastal chemical tankers sailing primarily in North West Europe and the Mediterranean.
 
About JZ Logistics Holding (overseas) Co. Limited
JZL is 100% owned by Shanghai GENTCO Logistics Co. Limited.                                                                                                                 
Shanghai GENTCO Logistics Co. Limited is a leading global chemical and LNG logistics service provider which operates:
-Tank containers
-Chemical Tankers
-Tank Terminals
 
For Further information, please contact North Sea Tankers,
Jan-Mark Edewaard (GM) or Niclas Kappelin (CEO). Tel +31 (0)10 8920231