Delphis Nv News

Hamburg-based feeder operator Team Lines, which belongs to the Belgian Delphis Group,   will close down its business.The deteriorating market conditions in Northern Europe combined with the ongoing consolidation process in the maritime sector are said to be the reason why the Hamburg-based container feeder operator Team Lines Deutschland ceases its business operations from February 11, 2019.In a circular, the shipping company announced that In a circular, Team Lines Deutschland GmbH & Co. KG decided to discontinue all activities of Team Lines with effect from February 11th. The feeder shipping company also informed the customers and…

Genco Shipping & Trading Limited announced that it has taken delivery of the Genco Cavalier, a 2007-built Supramax vessel. The Genco Cavalier is the second vessel to be delivered to the Company under Genco's agreements previously announced on May 12, 2008 to acquire three drybulk vessels from Bocimar International N.V. and Delphis N.V. The Genco Cavalier is expected to be delivered to its charterer, Samsun Logix Corporation, on or about July 19, 2008, to commence a time charter for 24 to 26.5 months at a cash rate of $48,500 per day, less a 5 percent third party brokerage commission. The charter is due to expire between July 2010 and October 2010.

Limited announced that it has agreed to acquire three 2007-built drybulk vessels from Bocimar International N.V. and Delphis N.V., for an aggregate purchase price of approximately $257.0 million. The acquisition is subject to the completion of customary additional documentation and closing conditions. The three vessels, comprised of two Panamax vessels and one Supramax vessel, are expected to be delivered to Genco during the third and the fourth quarters of 2008. Upon completion of the acquisition, and including the four remaining Capesize vessels to be acquired from companies within the Metrostar Management Corporation group, Genco's fleet will consist of 35 drybulk vessels with a total carrying capacity of approximately 2,910,000 dwt and an average age of approximately 6.6 years.

Founded in March 2004 and based in Antwerp, Belgium, Delphis NV is a new company that will be active on the intra-European transport market. Delphis is targeting customers in need of European transport solutions : direct shippers, forwarders, deep sea lines and tank/bulk container operators. Delphis' first service is a new short sea container shipping connection between Gdansk (Poland) and Hull (UK). The 370 TEU mv "Smaragden" will be deployed on a weekly basis between these two ports, aimed at transporting door-to-door, feeder and third party equipment. The first sailing from Gdansk will be on Friday 7th of May 2004. In addition to a direct link and short transit time between Poland and the UK…