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.
Sign up for gCaptain’s newsletter and never miss an update
Essential maritime and offshore news, insights, and updates delivered daily straight to your inbox
Seaspan Shipyards began construction today on what will become the most capable vessel in the Canadian Coast Guard’s fleet – a new heavy polar icebreaker, marking the country’s first such...
The insurance issued to dozens of aging oil tankers used by Russia to skirt international sanctions was bogus, according to Norwegian authorities now investigating the small firm behind the forged documents.
Shipping companies have all-but stopped buying dry bulk commodity carriers that were built in China as the industry waits to see if President Trump will press ahead with historic port charges on vessels constructed in the Asian country.
Subscribe to gCaptain Daily and stay informed with the latest global maritime and offshore news
Stay informed with the latest maritime and offshore news, delivered daily straight to your inbox
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up
Join The Club
