Bocimar Announces Fleet Expansion

Thursday, May 24, 2007
CMB confirms that its subsidiary Bocimar International has sold its newbuilding Panamax vessel Jiangnan 2345 (2007 – 76,000 dwt). The net sale price amounts to $65m. At the time of delivery of the vessel, scheduled to take place in the course of the third quarter, a capital gain of approximately $32m will be realized. In addition, Bocimar has recently acquired a second-hand Capesize unit. It concerns the vessel Ingenious (1999 – 169,962 dwt). The ship will join the Bocimar fleet early June 2007. The purchase price amounts to $64m.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

DP World to Manage Somaliland Port for 30 Years

DP World has reached an agreement to manage the Berbera port in Somaliland, which would allow it to become a major hub for goods to transit to and from the Horn of Africa,

Abu Dhabi Ports Try to Lure Chinese Businessmen

Abu Dhabi Ports - the master developer, operator and manager of ports and Khalifa Industrial Zone in the Emirate - presented the integrated offerings of Khalifa

NASSCO Lays Keel for Jones Act Tanker Liberty

U.S. shipbuilder General Dynamics NASSCO hosted a keel laying ceremony on Thursday, May 26 for the Liberty, one of three new ECO Class Jones Act tankers under a

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Ship Simulators
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0748 sec (13 req/sec)