Centurion Bulk Pte. Ltd, a Singapore registered international dry bulk shipping company, has announced the acquisition of Danish handysize operator Integrity Bulk.
Subject to the finalisation of the transaction, the takeover will be effective from 31 July 2024.
"We are happy to announce our acquisition of Integrity Bulk. For some time, we have expanded our activities in the handysize segment, and we are very pleased to have reached this agreement with Integrity Bulk. We extend our gratitude to Integrity Bulk’s management for their open and honest dialogue, and we look forward to continuing their operations and building upon their capabilities," said the management of Centurion Bulk.
Per Colberg, CEO of Integrity Bulk stated: “We are glad to have reached a sales agreement with Centurion Bulk. We would also like to thank all our key investors and counterparties for the trust shown to Integrity Bulk over the years. We wish you all the best for the future and are certain that you will have a dedicated partner in Centurion Bulk”.
Singapore headquartered Centurion Bulk was established in 2013 and charters and operates over 80 vessels worldwide, spanning the handysize and ultramax markets.
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