Samoa has sold its 50 per cent stake in the Pacific Forum Line (PFL) just under a year after New Zealand gave Samoa its 23 per cent stake in the shipping company.
Neptune Pacific Line says it has bought the shares from the Samoan government.
Neptune is wholly owned by an unusual Californian privately owned company, Roll Global. It also owns one of the world's best-selling water brands - Fiji Water - and Teleflora.
Roll Global is owned by Stewart and Lynda Resnick who have a personal worth of about US$3 billion ($3.7 billion).