ASCO Marine Buys Seletar Shipping

ASCO Marine, a subsidiary of international oil and gas logistics specialist ASCO Group, has acquired independent UK ship agency Seletar Shipping.

ASCO says that the deal will provide a base for the international development of its marine services division.

Seletar managing director Shaun Eardley will retain a shareholding in the business and continue in his current role.

Aberdeen-based Seletar offers ship agency and related services in the offshore, freight management and logistics sectors.