OT Africa Line
 | |
| Limited | |
| Industry | Transport, shipping, cargo |
| Founded | 1975 |
| Headquarters | Birmingham, UK |
| Products | Shipping, cargo, freight distribution |
| Revenue | 93 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.
History
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
- ↑ "OTAL Home Page". otal.com. Retrieved 2008-12-03.
- ↑ "CMA CGM Subsidiaries Page". Retrieved 2008-12-03.
- ↑ "Financial Times Country Information". Retrieved 2008-12-03.
- ↑ "Marinelink.com". Retrieved 2008-12-03.