AsiaDry Cargo

Akij swoops for its most expensive supramax

Bangladesh’s Akij Group continues to scout for handymaxes and supramaxes. This week sources tell Splash that the group has dived into the secondhand market for the second time within a month.

Sources link the Bangladeshi conglomerate to the 2010-built, 59,000 dwt sized bulker, Lake Dynasty, putting $13.3m in front of European owner Triton Navigation.

The purchase is Akij’s most most expensive secondhand acquisition to date. In mid-June the fast growing player was reported paying Dojima Marine $13m for another similar sized, Japanese-built ship, named Bulk Pegasus.

Splash understands that more ships are in the pipeline as Akij is out inspecting ships at the moment. Akij’s fleet includes five supramaxes, two handymaxes and one panamax.

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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