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Germany's Harren and Partner has sold Caribbean Feeder Services (CFS) to Spanish logistics company Perez y Cia.
CFS, however, will still operate as a separate brand and retain its same management and clients, Harren and Partner Founder and Managing Director Peter Harren said in a recent press release.
CFS launched the first independent feeder service in the Caribbean with its inaugural sailing on August 1, 1999. Its fleet of vessels has been managed by Harren and Partner, with the German shipping company currently providing 50 per cent of the vessels deployed in the CFS fleet.
Harren and Partner's vessels deployed in the CFS fleet will remain with CFS, added Harren.