Belships expands fleet
(Posted on 03/09/19)
Belships ASA has agreed 7 year bareboat charters for two 61,000 dwt Ultramax bulk carrier newbuildings. The vessels will be delivered by a Japanese shipyard during the fourth quarter of 2019 and first quarter of 2020.
The estimated cash breakeven for the Vessels upon delivery is about USD 11,000 per day including operational expenses. Belships ASA will pay a sum of USD 3 mill per Vessel prior to delivery. The agreements come with purchase options below current market values and can be exercised as from the fourth year until the end of the charter.
"We are very pleased to continue the growth and fleet renewal of the company with two vessels of the highest quality being delivered straight into a strong market." said Belships CEO, Lars Christian Skarsgård.
Following the transactions, the Belships fleet will count 22 Supramax/Ultramax bulk carriers, including the four newbuildings. Belships strategy going forward is to grow accretively as a fully integrated shipowner and operator of geared bulk carriers.
Belships ASA was founded in 1918 and has been listed at Oslo Bors since 1937. The company is a fully integrated shipowner and operator of geared bulk carriers.
Latest News
INTERCARGO proposals call on IMO to review Carbon Intensity Indicator at MEPC 82
(Posted on 16/09/24)The International Association of Dry Cargo Shipowners (INTERCARGO) has submitted proposals to the International... Read more
Lloyd's Register commissioned research reveals the rapid rise of AI in maritime
(Posted on 16/09/24)In the past 12 months, the maritime AI market has seen an explosive expansion, nearly tripling in size... Read more
Weathernews and Lauritzen Bulkers sign new 3-year contract
(Posted on 12/09/24)Weathernews, a global leader in weather intelligence and maritime solutions, has to announced a new... Read more
Decrease in medical disembarkations thanks to proactive health measures
(Posted on 12/09/24)Columbia Shipmanagement (CSM), a member of the Columbia Group, is reporting a noticeable decrease in... Read more
Mintra secures DNV certifications for Trainingportal and Seably platforms
(Posted on 12/09/24)Mintra, a leading provider of digital learning and human capital management solutions to the maritime... Read more
Partnership to provide mental health training for officers
(Posted on 12/09/24)Global marine services provider Oceanic, through its SeaMed24 Medical Solutions, will offer VIKAND&rsquo... Read more
Whitepaper highlights EU directives to put seafarer welfare in spotlight
(Posted on 08/09/24)VIKAND, in collaboration with other key maritime stakeholders, has published an analysis to advise the... Read more
ClassNK releases report ‘ClassNK Alternative Fuels Insight (Version 2.0)’
(Posted on 08/09/24)ClassNK has updated its report ‘ClassNK Alternative Fuels Insight’ initially released in... Read more
Technology key to reducing maritime emissions, DNV report
(Posted on 03/09/24)Reaching shipping’s 2030 decarbonization goal of 20% emission reductions, set by the International... Read more
AtoB@C Shipping christens Stellamar in Ystad
(Posted on 03/09/24)AtoB@C Shipping, a subsidiary of ESL Shipping, celebrated the christening of its second plug-in hybrid... Read more
