SEA STAR BUYS NAVIERAS.(San Juan, shipper terminal sold for $32 mn)(International Pages)(Brief Article)(Statistical Data Included)

Sea Star Line has reached agreement to acquire the assets of the maritime company Navieras/NPR Inc. and the operation of its San Juan terminal for US$32 million reports El Nuevo Dia (April 3, 2002. The deal is subject to approval of the U.S. Bankruptcy Court, and would be effective at the end of April. The news came a year after The Holt Group, parent company of Navieras, went Chapter 11 after being unable to pay (since Jan. 2001) interests on …