AsiaDry Cargo

Bangladesh firm linked to Nisshin supramax

Unconfirmed broker reports link privately held Bangladeshi concern S.R. Shipping with the acquisition of a Japanese supramax.

The 55,000 dwt Aston Trader II is the latest in a string of bulker sales from Japan’s Nisshin Shipping. S.R. Shipping is reported to be paying $6.8m for the 2008-built ship.

Nisshin has been offloading bulkers rapidly in the past six weeks to focus more on tankers. Brokers tell Splash that another 10 Nisshin bulkers have been put into the shop window.

S.R. Shipping is a part of the Kabir Group, a diverse Bangladeshi conglomerate. The line has around 10 bulkers on its fleet list.

Hans Thaulow

Hans Henrik Thaulow is an Oslo-based journalist who has been covering the shipping industry for the last 15 years. As well as some work for the Informa Group, Hans was the China correspondent for TradeWinds. He also contributes to Maritime CEO magazine. Hans’ shipping background extends to working as a shipbroker trainee with Simpson, Spence & Young in Hong Kong.
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