# P&O Maritime Logistics to acquire controlling stake in NovaAlgoma Cement Carriers

P&O Maritime Logistics, a subsidiary of DP World, signed a definitive agreement to acquire a controlling stake in NovaAlgoma Cement Carriers, the world's leading operator of pneumatic cement carriers.

- Type: Acquisition
- Announced: 2025-07-04
- Where: United Arab Emirates
- Status: announced
- Products: cement carrier services
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [DP World](https://endata.com/companies/7783.md) (partner)
- [Algoma Central Corporation](https://endata.com/companies/10053.md) (partner)
- [Nova Marine](https://endata.com/companies/61535.md) (partner)
- [P&O Maritime Logistics](https://endata.com/companies/85778.md) (acquirer)
- [NovaAlgoma Cement Carriers](https://endata.com/companies/85779.md) (target)

## Sources

- [container-news.com](https://container-news.com/po-maritime-logistics-to-acquire-novaalgoma-cement-carriers/), 2025-07-04: "The acquisition marks a strategic expansion of DP World’s footprint in the breakbulk and dry-bulk maritime logistics sector, specifically targeting infrastructure-related cargo flows."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.