AsiaDry Cargo

Akij makes its most expensive bulker play

Bangladesh’s Akij Group has completed its most expensive secondhand purchase to date.

Sources say that fast growing player has paid Dojima Marine around $13m for the 59,000 dwt, 10-year-old Bulk Pegasus. More ships are in the pipeline for Akij with handymaxes and supramaxes being inspected.

The Akij fleet today includes five supramaxes, two handymaxes and one panamax plus a fleet of barges deployed in domestic trades.

The company has bought seven ships since 2016. The group is also involved in textiles, tobacco, food and beverages, cement, ceramics, printing, packaging, pharmaceuticals and consumer products.

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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