Apeejay Shipping adds a new panamax to its fleet
Published by Claire Cuddihy,
Assistant Editor
Dry Bulk,
Indian ship-owner Apeejay Shipping Ltd has acquired a 76 602 MT DWT gearless panamax, Japanese build. The ship is renamed ‘APJ ANGAD 2’. The acquisition takes its total fleet capacity to 5 18 018 MT DWT with an average fleet age of 12.5 years. Earlier in September, the company acquired 74 107 MT DWT gearless panamax, Japanese build, renamed ‘APJ UMA KISMAT’.
Apeejay Shipping Ltd is cautiously optimistic about domestic and international demand prospects. The newly acquired Panamax, APJ ANGAD 2 has traded internationally for 13 years while APJ UMA KISMAT has traded internationally for 16 years. Both acquisitions are strategic buys for the company as it focusses on continuous growth and further enhancement to its fleet in the coming few months.
Read the article online at: https://www.drybulkmagazine.com/shipping/13122017/apeejay-shipping-adds-a-new-panamax-to-its-fleet/
You might also like
Bearing AI launches first AI-powered planning tool for shipping liners
Bearing AI has announced the launch of the first AI-powered planning tool for shipping liners to simulate the cost, emissions and performance impact of operational and commercial decisions.