U.N. Ro-Ro, bought by KKR in 2007, has experienced business growth in both sales and number of sailings, according to its latest data records.The ferry business covers a strategically important route in the Mediterranean, linking Turkey with Trieste, Italy, on the northern Adriatic and the southern French port of Toulon, allowing truck drivers to cut time and money by circumventing the mountainous Balkan region.The acquisition deal is subject to antitrust clearance from the Ankara-based competition board, according to the sources close to the matter.World Maritime News Staff, August 6, 2014 zoom Turkish private-equity firms Esas Holding AS and Actera Partners LP agreed to buy the local ferry business U.N. Ro-Ro from KKR & Co, after Danish ferry operator DFDS group pulled out from the bidding race.
Provincial cabinet ministers and Nova Scotia’s Mi’kmaq chiefs met in Halifax today, Nov. 24, to discuss education and culture issues, land and natural resources, as well as social and justice issues. “This meeting reiterates the importance of us coming together as Treaty partners,” said Chief Sidney Peters, co-chair of the Assembly of Nova Scotia Mi’kmaq Chiefs. “We hope that today’s discussions will help us to further the unique relationship that we have established here in Nova Scotia between the province and the Mi’kmaq.” “Our relationship with the Mi’kmaq is vital to our province’s future,” said Premier Stephen McNeil, who is also Minister of Aboriginal Affairs. “This meeting allows us to sit down and celebrate our achievements, air any concerns, and then come together to build a stronger Nova Scotia for all.” It was the seventh annual meeting of the assembly and the provincial cabinet to review progress and set priorities. The meeting helps guide ongoing discussions on a variety of issues. Government is engaged with the Mi’kmaq in a number of processes, including the Made-in-Nova Scotia Process, the Mi’kmaq-Nova Scotia-Canada Tripartite Forum and the Terms of Reference for a Mi’kmaq-Nova Scotia-Canada Consultation Process.