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Bocimar's $460m ordering spree

Bocimar's $460m ordering spree
BOCIMAR International, the dry cargo shipowning subsidiary of Belgian-based CMB has ordered 10 handysize bulk carriers from Samjin Corporation, South Korea) for US$36m per vessel.

BOCIMAR'S US$460M ORDERING SPREE

BOCIMAR International, the dry cargo shipowning subsidiary of Belgian-based CMB has ordered 10 handysize bulk carriers from Samjin Corporation, South Korea) for US$36m per vessel.

The 33,500 dwt vessels are scheduled for delivery between September 2009 and December 2010.

In addition, as part of a 50/50 joint venture with Drylog, Bocimar has ordered a 180,000 dwt capesize bulk carrier from Dalian, China, for US$100m. Delivery is due in June 2009.

Meanwhile Bocimar has sold its has sold its 2001-built handymax vessel CMB Talent for a ?net sale price? of US$53m. Delivery of the 52,403 dwt vessel, which has been sold time charter attached, is scheduled to take place at the end of November 2007 when the company will realise a capital gain of about US$36m.

www.TurkishMaritime.Com.tr

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