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
Nippon Paint sees Turkish drydocking spike amid Asia concerns
(Posted on 21/09/21)Nippon Paint Marine has registered a significant spike in Turkish drydockings as operators of small-... Read more
ESG could be shipping’s route forward
(Posted on 21/09/21)Renowned futurist K D Adamson has joined marine lawyers from across Hill Dickinson to explore how ESG... Read more
DNV verification for world’s largest 3D printed shipboard fitting
(Posted on 16/09/21)Keppel Technology & Innovation (KTI) has received a verification certificate for a 3D printed deck... Read more
RUSAL alloy included in Russian Maritime Register of Shipping
(Posted on 16/09/21)RUSAL, a leading global aluminium producer, has announced the inclusion of an aluminium-scandium alloy... Read more
Struggling seafarers need more mental health support
(Posted on 13/09/21)Cases of seafarers struggling with their mental health will continue to rise unless shipping companies... Read more
ClassNK releases “Guidelines for Ships Using Alternative Fuels”
(Posted on 13/09/21)ClassNK is committed to providing comprehensive services to support the industry’s efforts for... Read more
Thordon Bearings praises Innovative Solutions Canada
(Posted on 13/09/21)Thordon Bearings has praised the government’s Innovative Solutions Canada initiative for encouraging... Read more
LR and Inmarsat form industry-first remote survey collaboration
(Posted on 07/09/21)Lloyd’s Register (LR) and Inmarsat, the world leader in global, mobile satellite communications... Read more
Ten newbuildings to further increase Fednav’s efficiency
(Posted on 02/09/21)Fednav Limited, Canada's largest dry bulk shipping group, has signed an agreement with Sumisho Marine... Read more
BIMCO calls on shipowners for biofouling management information
(Posted on 31/08/21)BIMCO is launching a new survey with the aim of gathering information from shipowners about the effectiveness... Read more
