Tomini Shipping Orders Kamsarmax Trio

Image Courtesy: Tomini

UAE-based Tomini Shipping, the shipping subsidiary of Tomini Group, has ordered three 82,000 dwt Kamsarmaxes from the Chinese shipbuilder Taizhou Kouan Shipbuilding.

The vessels are scheduled for delivery in the second half of 2019 onwards and follow the company’s order from June for three newbuilding bulk carriers placed with China’s CIC (Jiangsu) shipyard.

The 64,000 dwt Ultramaxes ordered at CIC are set for delivery in the first quarter of 2019.

This company said that the latest deal underlines its comprehensive fleet renewal strategy.

“We decided to move into the Kamsarmax dry bulk sector and take advantage of the historically low asset price levels; we believe that this sector is on its way to a sustainable recovery by 2019/2020,” said Imtiaz Shaikh, Chairman of Tomini Group.

The order will take Tomini’s fleet to over 18 vessels.

The Chinese shipyard Taizhou Kouan has secured an order for up to two more 82,000 dwt newbuildings from Ukrainian Aquavita International. As informed by Clarksons, one firm order plus option for one more have been agreed. The ship is slated for delivery in 2020.

The financial details of the two orders have not been disclosed.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Apr 2018 >>
MTWTFSS
26 27 28 29 30 31 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 1 2 3 4 5 6

Singapore Maritime Technology Conference and Exhibition (SMTC) 2018

The 3rd Singapore Maritime Technology Conference and Exhibition (SMTC) 2018 is organized by the Maritime and Port Authority of Singapore…

read more >

Singapore Maritime Week 2018

Singapore Maritime Week (SMW), organised annually by Maritime and Port Authority of Singapore (MPA) and attracts…

read more >

8th Dredging & Land Reclamation World Summit 2018

The 8th Dredging and Land Reclamation Summit 2018 will gather the decision makers from Authorities and Operators responsible for ports…

read more >

Shipping 360

This course is ideal for those who have recently joined the maritime sector and those who need to have a better understanding…

read more >