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Bangladesh’s HR Lines dives into the secondhand market

Bangladesh’s HR Lines has ditched newbuild plans in favour of the secondhand market.

Alphaliner reports that Karnaphuli Group, the parent of HR Lines, has recently bought the 1,092 teu Maersk Arun, now renamed HR Tuareg, and the 1,620 teu SITC Bangkok, which will be renamed HR Balu. The two ships take the HR Lines fleet to eight ships.

HR Lines started operations three years ago, buying six ships from Singapore’s Pacific International Lines (PIL).

Earlier plans to order a series of 2,900 teu ships in China have been shelved.

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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