OT Africa Line

OT Africa Line
OT Africa Line
Type Limited
Industry Transport, shipping, cargo
Founded 1975
Headquarters Birmingham, UK
Products Shipping, cargo, freight distribution
Revenue 93 million EUR (2007)
Employees 30+
Website http://www.otal.com

OT Africa Line is a specialist shipping line exclusively serving routes between Europe and West Africa.[1] OTAL work exclusively in the transportation (container shipping fleet) industry, operating a line of container and RoRo vessels. It is a subsidiary of the CMA CGM Group[2], the third largest shipping company in the world.

OT Africa Line is based in Birmingham, UK, and has numerous agents across Europe and West Africa.

History

RoRo Vessel Kagoro

OT Africa Line was established in 1975 as a pioneering, roll-on roll-off congestion beating transport system to Nigeria. Nigeria went through a massive construction boom with the discovery of oil in the mid 1970s[3] and the need to provide construction materials and equipment resulted in port congestion. Roll-on roll-off ships can load and discharge quickly, taking up a minimum of quay space and overcoming congestion difficulties.

In 1999 OTAL was taken over by Bolloré, a French investment and industrial holding group[4].

In 2006 CMA CGM purchases OT Africa Line, at the same time acquiring Delmas, Setramar and a 50% stake in SudCargos to become the third largest shipping company in the world.

External links

References

  1. ^ "OTAL Home Page". otal.com. http://www.otal.com. Retrieved 2008-12-03. 
  2. ^ "CMA CGM Subsidiaries Page". http://www.cma-cgm.com/AboutUs/Subsidiaries/ContainerShipping/OTAfricaLine.aspx. Retrieved 2008-12-03. 
  3. ^ "Financial Times Country Information". http://www.ft.com/dkreports/nigeria5. Retrieved 2008-12-03. 
  4. ^ "Marinelink.com". http://www.marinelink.com/Story/OT+Africa+Line+to+be+acquired+by+the+Bollore+Group-1185.html. Retrieved 2008-12-03. 

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