Crescent Focuses on Tankers and Ferries
U.K. shipping and transport group Crescent PLC has focused its operations on short sea tanker and freight ferry operations. "Following our strategic plan to move out of owning tonnage in the short sea dry bulk sector, we are happy to have completed the sale of nine vessels over the last year," says Kevin Hobbs, Crescent group operations director. "That has cleared the way for us to focus on the two sectors where we can add value. That is our high-intensity coastal tanker fleet and our freight ferry operations." "We are now in a strong position to expand, and having moved out of what we consider a sector with less promise, we are now actively researching opportunities in coastal tanker and ferry trades," says Hobbs.
Crescent takes delivery of new design ships
U.K. shipping and transport group Crescent PLC has added two 2,670 dwt bulk carriers to the fleet of ships operated by Crescent Shipping, the group's dry cargo shipping division. "The Crescent Seine and the Crescent Rhine are of a brand new design and are exceptionally flexible ships. Both have low air draft designs, allowing them to trade on combined river-sea routes. Fully loaded with 134,800 cu ft of grain, for instance, they will still only have a draft of 4.05 m and an air draft of 5.2 m. Moreover, both are fully fitted to carry 84 teu boxes," says Jim Stewart, managing director of Crescent Shipping. The Crescent group of companies comprises four distinct divisions operating throughout Europe.
