The Isle of Man Ship Registry (IOMSR) is expanding its fleet after securing a new deal with fellow Isle of Man based ship owner MX Bulk.
The agreement will see the IOMSR flag four new 63 878 t bulk carriers presently being built by the Tsuneishi Group in Zhoushan, China. The vessels include the recently delivered Ellan Manx and Maye Manx, as well as the Greeba Manx and Kirry Manx which will come into service this autumn.
IOMSR director Cameron Mitchell said the register is delighted to welcome the new ships which will join five other MX Bulk vessels already under the Manx Ensign.
“We are very pleased to extend our relationship with MX Bulk,” he said. “We share much in common from our Isle of Man headquarters to our dedication to quality, high standards and seafarer welfare. The Isle of Man Ship Registry can now offer support through our China representative Jon Kingdon in Shanghai. Through Jon we can supply on the ground technical support in China while the ships are being built as well as here on island. The Far East and China remain key growth markets for the IOMSR with two thirds of our fleet now managed in Asia.”
Mitchell said bulk carriers make up the largest percentage of vessels on the registry followed by oil tankers, gas carriers, and chemical tankers.
An MX Bulk spokesperson said:
“We are delighted to extend our working relationship with the IOMSR. Our latest new buildings present particular challenges, given the global geopolitical and economic uncertainty which exists in the world today. The stability of the Isle of Man as a jurisdiction alongside the professionalism and integrity of the ship registry continues to offer great reassurance for companies such as ours. We look forward to continuing our working relationship with the IOMSR for many years to come.”
Read the article online at: https://www.drybulkmagazine.com/dry-bulk/03102022/isle-of-man-ship-registry-announces-four-ship-deal-with-mx-bulk/
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