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Ugland International has sold its vehicle shipping business to joint venture partner Leif Hoegh for £144m. 28-Jan-2000 Ugland International, the vehicle shipping and port services group, is to return to private ownership after its biggest shareholder announced plans to increase its stake to over 50%. 07-Dec-1999 Ugland International has closed Swansea Dry Dock with the loss of 70 jobs, due to ongoing losses. 23-Mar-1999 Ugland International is planning to sell its fleet of 13 refrigerated vessels in order to fund the expansion of its vehicle processing division. 18-Aug-1998 Ugland International is expanding Interocean Ugland Management, its Norwegian ship management joint venture with Totem Resources of the US, by doubling the fleet to 36 and opening a crewing office in Poland. 14-Oct-1997 Ugland International Holdings, the shipping group, is to acquire the Ugland family's 50% stake in Hoegh-Ugland Auto Lines, the vehicle carrier business, for an initial £99m. 02-Nov-1996
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