News
Latest news
CWP buys a ship
As one of the largest shippers of timber to the UK, CWP has always chartered vessels to carry its products from the supplying countries to it's port at Creeksea, but now we have finally taken the plunge and purchased our first Ship.
The vessel has been re-named MV Mosvik, and was built in 1987. It is registered to ice class 1b (E2), has a deadweight tonnage of 2700 metric tonnes, and can carry approximately 4200 m3 of packaged timber.
It is intended to trade the vessel in Northern Europe carrying CWP, and other Norvik Group cargoes. It further strengthens the Groups intention to control the end to end logistics of its operation from sawmill to customer.
Norvik Group acquire Jarl Timber
Negotiations have been completed between the Norvik Group A/S, Reykjavik Iceland and Jarl-Timber Broakulla, Sweden for the acquisition of Jarl Timber by the Norvik Group.
Jon-Helgi Gudmundsson, President and CEO of the Norvik Group Ltd is very pleased that the negotiations with the directors of Jarl-Timber have been completed in a mutually satisfactory way.