AtoB@C Shipping Acquires Dry Cargo Carrier
The Swedish shipping company owned by Aspo's ESL Shipping, AtoB@C Shipping has acquired a 4,100 dwt dry bulk carrier of ice class 1A built in 2000. Previously, AtoB@C operated the vessel under a long-term time charter.The shipping company also owns the sister vessel of the newly acquired dry bulk carrier.This transaction improves the availability of vessel capacity ideal for customer contracts. It is expected to have a slight positive impact on profitability, but no significant impact on the balance sheet. The acquisition has been financed by using Aspo Group's existing financial instruments.Two months ago, ESL Shipping completed the acquisition of AtoB@C Shipping."Together we form a strong Nordic shipping company that is customer-driven.
China Shipbuilder Delivers Handymax Bulker
COSCO Corporation (Singapore) announce subsidiary COSCO (Zhoushan) Shipyard has delivered a bulk carrier. Asian Triumph, a 57,000 dwt dry bulk carrier of 189.99 meters LOA, 32.26 meters in breadth and 18 meters in depth, constructed in the COSCO Zhoushan Shipyard has been delivered and all delivery documents have been signed by the relevant parties. The buyers are based in Asia.
