Intermarine and Zeaborn to form joint venture

Maritime Holdings Delaware, parent company of Intermarine, has entered into a joint venture agreement with the German group Zeaborn. The company, which will be named Zeamarine, will include the transfer of assets and operating entities from the various commercial activities of Zeaborn as well as the company Intermarine held by Maritime Holdings, said the duo in a statement. The joint venture will have a fleet of more than 75 vessels and is expected to exceed 100 vessels by the end of the year. The shareholders of the new Zeamarine company will also commit to finance the new capital to develop the joint venture in which Zeaborn will be the majority shareholder.