Apeejay Shipping takes panamax

Apeejay Shipping takes panamax

India’s Apeejay Shipping has taken an ageing panamax bulker to bring its fleet size to seven ships, a mix of handies, supras and panamaxes. The Kolkata-headquartered outfit has renamed the 2001-built Cretan Wave to Apj Uma Kismat. No price was given for the transaction.

“The newly acquired panamax, Apj Uma Kismat, has traded internationally for 16 years and is a strategic buy for the company as its focuses on continuous growth,” Apeejay Shipping stated.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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