• BIST 102.889
  • Altın 148,708
  • Dolar 3,5392
  • Euro 4,1802
  • İstanbul 23 °C
  • Ankara 22 °C

Geden Lines gets gold

Geden Lines gets gold
Turkey?s Geden Lines is relentlessly pursuing an order and resale policy that it launched six years ago.

Turkey"s Geden Lines is relentlessly pursuing an order and resale policy that it launched six years ago.

Board member Tugrul Tokgoz revealed that the company has just sold one of its capesize bulk carrier newbuildings that will be delivered at the end of next year to German interests, believed to be Konig & Cie.

In addition the order-hungry company is in talks with a Far East shipyard to book a caper with delivery end 2008 and with an unspecified Korean yard where it hopes to book handymax and panamax tankers for late 2009 and early 2010 deliveries.

Speaking with TradeWinds during the first Turkish Shipping Summit in Istanbul, organized jointly by TradeWinds and Seatrade, Tokgoz, referred to during the Summit as ?Mr Asset Play?, said that since 2000 when Geden launched its newbuilding programme, the company has booked between 115 and 120 ships. It has resold 60 to 65 vessels, bringing in substantial profits.

Already by April this year it was estimated that the company had netted some $450m on its resale deals.



This news is a total 3399 time has been read
  • Comments 0
    UYARI: Küfür, hakaret, rencide edici cümleler veya imalar, inançlara saldırı içeren, imla kuralları ile yazılmamış,
    Türkçe karakter kullanılmayan ve büyük harflerle yazılmış yorumlar onaylanmamaktadır.
    Bu habere henüz yorum eklenmemiştir.
Other News
  • ICTSI to operate two poerts in Papua New Guinea25 September 2017 Monday 17:03
  • Diamond Offshore in negotiations for Chinese drillship25 September 2017 Monday 16:01
  • GC Rieber Shipping secures CSV extension25 September 2017 Monday 15:16
  • Cochin Shipyard plans dramatic expansion across India25 September 2017 Monday 14:49
  • Iran and Kazakhstan from shipping JV25 September 2017 Monday 14:05
  • DP World, Suez Canal to Build Egypt El Sokhna25 September 2017 Monday 13:23
  • Transocean Retires Six Floaters25 September 2017 Monday 12:46
  • Navy to Change USS Fitzgerald’s Homeport to Pascagoula25 September 2017 Monday 12:19
  • Twice-Rejected U.S. LNG Exporter Tries Again25 September 2017 Monday 11:36
  • Water and Sand Weighing Down Casino Ship25 September 2017 Monday 00:02
  • All Rights Reserved © 2006 TURKISH MARITIME | İzinsiz ve kaynak gösterilmeden yayınlanamaz.
    Phone : 0090 212 293 75 48 | Fax : 0090 212 293 75 49 |