OT Africa Line

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OT Africa Line
Company type Limited
IndustryTransport, shipping, cargo
Founded1975
Headquarters Birmingham, UK
ProductsShipping, cargo, freight distribution
Revenue93 million EUR (2007)
Number of employees
30+
Website http://www.otal.com

OT Africa Line was 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 ceased trading in June 2011 when the brand was assimilated under the Delmas banner. OTAL, like Delmas, was a subsidiary of the CMA CGM Group, [2] the third largest shipping company in the world.

Contents

History

RoRo Vessel Kagoro Otalvessel.jpg
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.

References

  1. ↑ "OTAL Home Page". otal.com. Retrieved 2008-12-03.
  2. ↑ "CMA CGM Subsidiaries Page" . Retrieved 2008-12-03.
  3. ↑ "Financial Times Country Information" . Retrieved 2008-12-03.
  4. ↑ "Marinelink.com" . Retrieved 2008-12-03.
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