Project cargo specialist United Marguisa Lines (UML) is hooking up with Dutch partners to launch a multipurpose, project cargo and bulker operation.

The company, Marguisa Atlantic, will operate joint services within the Atlantic basin.

The focus will be on operating geared vessels of between 5,000 dwt and 55,000 dwt.

The operation was formed after discussions between Denmark-based UML and SaDi Chartering of the Netherlands “on the current and future demand in the shipping market”.

SaDi is controlled by MPP veterans Sander Menten and Dirk de Bruin, formerly of Schulte & Bruns, Onego Shipping & Chartering and Gannet Shipping.

The Dutch duo will become managing directors of Marguisa Atlantic with the goal of contributing “to a further improvement in the supply chain within the MPP sector”.

UML was established in October 2020 as a partnership between Marguisa Shipping Lines of Spain and United Heavy Lift of Germany.

“The start-up of Marguisa Atlantic confirms the long-run commitment of UML and SaDi Chartering within the Atlantic basin,” UML managing director Francisco Duran said.

He said the company will develop its MPP activities for the bulk, breakbulk and project cargo industry.

Marguisa is a subsidiary of Spanish holding company Sea & Ports that runs breakbulk and liner services to and from West Africa.

Sea & Ports is the exclusive agent of South Korean liner operator HMM in Spain and Portugal.

Last month, the holding company took a stake in NAL Maroc, which represents HMM in Morocco.