Broström Delivers Third D-Class Vessel

Wednesday, October 04, 2006
Broström’s third 14,500 dwt D-class vessel Bro Distributor, was delivered and has begun its maiden voyage to Europe. The vessels will be employed in the distribution of refined oil products in European trade. The fourth and last D-class vessel is expected to be delivered in December this year. In connection with last year’s acquisition of the Danish company Nordtank Shipping, Broström also acquired 9 percent in three of the Swedish shipowner Furetank’s vessels. Broström has now acquired another 21% of the vessel Fure Nord, 16,000 dwt, built 2004. After this acquisition Broström thus owns 30% of the vessel. All of Furetank’s product tanker vessels are commercially operated by Broström.

Another business partner of Broström is the Turkish company Dünya Shipping. This company has on order eight 47,000/51,000 dwt product tanker vessels at Korean shipyards. The first vessel named Gan Venture has now been delivered and will be commercially operated by Broström, primarily for trade in Southeast Asia. The remaining seven vessels will follow as they are gradually being delivered during the coming 15 months. Hereby Broström’s capacity in the Southeast Asian area will double.

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