Oslo-based shipping firm Belships ASA has placed an order for two fuel efficient Supramax bulk carriers from Imabari Shipbuilding Co. Ltd.
The design provided by the shipyard represents the future Eco-design Supramax bulk carriers with the latest technology available both in terms of fuel efficiency and low emissions. The vessels will be delivered during the second half of 2015 and first half of 2016.
To fund this acquisition, Belships’ board of directors plans to propose a NOK 90 million share issue at their next extraordinary general meeting on June 27. This share issue will be fully guaranteed by Sonata AS. ABG Sundal Collier has been engaged as financial advisor. In case of insufficient support for this share issue, Sonata AS will offer Belships ASA a loan of NOK 90 million on commercial terms.
Belships’ three 58k dwt supramax vessels are currently sailing on 10-year charters for Canadian Potash exporter Canpotex. These charters extend out to 2019 and beyond.
Join the gCaptain Club for curated content, insider opinions, and vibrant community discussions.
Join the 109,249 members that receive our newsletter.
Have a news tip? Let us know.
Northern Lights JV has taken delivery of its second specialized CO2 transport vessel, the Northern Pathfinder, from China’s Dalian Shipbuilding Industry Co. (DSIC). The vessel joins its sister ship Northern...
China has delivered its first scientific research vessel designed for global deep-sea exploration, marking a significant advancement in the nation’s polar and deep-sea capabilities. The Tan Suo San Hao (Exploration...
A Norwegian shipping company on Friday rejected an accusation from Dmitry Medvedev, deputy chairman of Russia's Security Council, that it refused to rescue sailors from a sinking Russian cargo ship in the Mediterranean Sea.
Maritime and offshore news trusted by our 109,249 members delivered daily straight to your inbox.
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up
Join The Club
