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 110,095 members that receive our newsletter.
Have a news tip? Let us know.
Singapore-based rig builder Keppel Ltd. is set to secure complete control over 13 legacy rigs currently held by Rigco Holding Pte. Ltd. (Asset Co), part of a strategic move reflecting...
A Russian Navy frigate equipped with new generation hypersonic cruise missiles has conducted drills in the English Channel and is carrying out tasks in the Atlantic Ocean, Russian news agencies reported on Tuesday.
(Bloomberg) — Chinese lawmakers got a head start on the US election this week as they gathered to vote on the largest fiscal package since the pandemic. But now that...
Access exclusive insights, engage in vibrant discussions, and gain perspectives from our CEO.
Sign Up
Maritime and offshore news trusted by our 110,095 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
