Beibu Gulf eyes more ships

Beibu Gulf eyes more ships

Low key Hong Kong-based Beibu Gulf Shipping has confirmed Splash reports that it is the taker of the 2009- built kamsarmax FD Isabella.

Speaking from Beibu Gulf headquarters, strategically located in the famous shipping tower, Shun Tak Centre in Hong Kong, an official revealed: “We will make more acquisitions at the right timing. Under the current market situation, we will evaluate the market cautiously before making any investments.”

The purchase marks the company’s first secondhand purchase and increases its kamsarmax fleet to five.

Beibu Gulf is the shipowning division of state-owned Guangxi Beibu Gulf International Port Group.

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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