Franbo Lines Buys Supramax from Taiwan Navigation

Taiwanese shipping company Franbo Lines Corp has inked a contract to buy a 51,000 dwt bulk carrier from compatriot company Taiwan Navigation. 

Scheduled to be delivered by the end of November 2017, the unnamed bulker will become the company’s largest ship.

Franbo Lines will pay USD 8.55 million for the 15-year-old Supramax which is expected to increase the company’s profit margins.

Although its name was not disclosed, the ship is likely to be the 51,000 dwt Tai Harvest. Built at Oshima shipyard in Japan in 2002, Tai Harvest was sold by Taiwan Navigation to an unknown party in late September, VesselsValue’s data shows.

The newest purchase brings Franbo Lines’ fleet to twelve vessels ranging from 7,000 dwt to 46,500 dwt.

World Maritime News Staff

Share this article

Follow World Maritime News

In Depth>

Events>

<< May 2019 >>
MTWTFSS
29 30 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

GreenTech in Shipping USA Forum 2019

GreenTech in Shipping USA Forum is an event for Maritime leaders who want to unlock successful business formula of the industry!

read more >

CWC World Gas & Power Series – Brazil & the Americas Summit

CWC World Gas & Power Series: Brazil & the Americas Summit is the perfect meeting place to make contacts…

read more >

FPSO Brazil Congress 2019

Charging ahead with 24 planned orders by 2022, Brazil has once again solidified its status as one of the world’s foremost oil and gas leaders…

read more >

Nor-Shipping 2019

Nor-Shipping’s conference and event programme is tailored to deliver the knowledge, value and networking to help you build your business.

read more >