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Hartmann and CSL form JV on newbuild project

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Dry Bulk,

CSL Group (CSL), a Canadian-based provider of marine dry bulk cargo handling and delivery services, along with Hartmann Family, a company that owns a fleet of belt self-unloading ships, have formed a 50/50 joint venture (JV) to build and operate a 40 000 DWT gravity self-unloading vessel which is to trade in Europe.

The new ship is to be built at Chengxi Shipyard in China and is scheduled for delivery in Germany in 2020. According to CSL Group, it will service Mibau Stema Group on a long-term charter.

The JV represents an expansion of existing activities in Europe for both Hartmann and CSLGermany.

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