AtoB@C Shipping acquires dry bulk carrier
Published by Nicholas Woodroof,
Editor
Dry Bulk,
Previously, AtoB@C operated the vessel under a long-term time charter. The shipping company also owns the sister vessel of the newly acquired dry bulk carrier.
This transaction improves the availability of vessel capacity ideal for customer contracts. It is expected to have a slight positive impact on profitability, but no significant impact on the balance sheet. The acquisition has been financed by using Aspo Group's existing financial instruments.
Read the article online at: https://www.drybulkmagazine.com/shipping/06112018/atobc-shipping-acquires-dry-bulk-carrier/
You might also like
Globus Maritime Ltd announces agreements to purchase two vessels
Globus Maritime Ltd has announced that it has signed, through two separate wholly owned subsidiaries, memoranda of agreement to acquire two Kamsarmax scrubber outfitted dry bulk vessels.