K Line Group commences long-term voyage contract for Emirates Global Aluminium
Published by Claire Cuddihy,
Assistant Editor
Dry Bulk,
K Line Group has long-term voyage contract with Emirates Global Aluminium (EGA) to carry bauxite in bulk by capesize vessels, and the first vessel (MV Cape Taweelah) arrived at Port Khalifa in the UAE on 23 June 2019 from the loading port at Kamsar in Guinea.
Upon her arrival, an inaugural ceremony was held by EGA, where Abdulla Kalban Managing Director & CEO of EGA, Abdullah Humaid Al Hameli Executive Vice President of Corporate and Acting CEO of Abu Dhabi Ports, Atsuo Asano Representative Director of K Line and many concerned parties celebrated the first memorable arrival of this fully-laden capesize vessel at GCC port.
EGA is equally-owned by Mubadala Investment Company of Abu Dhabi and the Investment Corporation of Dubai, which is the largest industrial company in UAE outside the oil and gas industry and the largest company jointly owned by the two Emirates. EGA began production at its new Al Taweelah Alumina refinery in April. Alumina refineries process bauxite ore into alumina, the feedstock for Aluminium smelters. K Line shall provide the safe and competitive service of the seaborne transportation for the customers’ project.
Read the article online at: https://www.drybulkmagazine.com/shipping/08072019/k-line-group-commences-long-term-voyage-contract-for-emirates-global-aluminium/
You might also like
Pyxis Tankers announces loan commitment for potential fleet expansion
Pyxis Tankers has announced it has signed a commitment letter for a loan of up to US$45 million for the potential acquisition of dry bulk carriers.