Canadian owner CSL has acquired 50% of Norway’s Peak Group, joining shortsea operations in Northern Europe and assets within the coastal and offshore shipping sectors.
The new partnership, called Peak CSL Group, will aim to deliver marine logistics solutions for industrial clients across Europe.
Under the Peak CSL Group banner, the company is positioned to provide an expanded suite of services, particularly catering to the fast-growing offshore renewable energy sector, the two companies said in a release.
This will cover rock and ballast logistics support for offshore wind farms, turnkey material transfer solutions and a fleet of project carriers that includes low-to-zero emission vessels.
Last year, Bergen-based Peak and its joint venture partner Grieg Edge, ordered up to eight 7,000 dwt multipurpose vessels at Huanghai Shipbuilding in China, with the first vessel delivering in the third quarter of 2025. The ships have been designed to be ready for, among other things, ammonia or methanol, batteries and shore power. Meanwhile, the Montreal-based major in the self-unloading segment, CSL, has the first fully electric battery-capable 11,000 dwt bulker delivering to Adbri in 2026 and two 72,250 dwt methanol-ready newbuilds with the first delivery next year.
“Through the Peak CSL Group, we create a strong alliance, grounded in our strategy for the next coming years. Teaming up with a robust partner enables us to broaden our service offerings towards the renewable, oil and gas and infrastructure markets, and set a solid groundwork for future expansion,” said Jan-Petter Slethaug, CEO of Peak Group.
“This partnership signals an exciting new chapter of growth and collaboration at CSL,” added Louis Martel, president and CEO of the CSL Group. “By joining forces with Peak, we’re enhancing our ability to offer innovative and sustainable marine logistics solutions in coastal and offshore markets. With Peak CSL Group, we’re expanding our portfolio of products and services to meet the needs of both our current and prospective customers.”
