DP World expands shipowning footprint with takeover of NovaAlgoma Cement Carriers

Swiss-Canadian breakbulk and dry bulk operator shifts its holding to Dubai

Chief executive Vincenzo Romeo says the deal with DP World will expand the geographic reach of Nova Marine. — Chief executive Vincenzo Romeo says the deal with DP World will expand the geographic reach of Nova Marine.Photo: LinkedIn

Ian Lewis

TradeWinds correspondentLondon

Published 4 July 2025, 07:01Updated 4 July 2025, 09:23

DP World Nova Algoma Cement Carriers Nova Marine Carriers Algoma Central