Belships adds another ultramax at Imabari Shipbuilding

Belships adds another ultramax at Imabari Shipbuilding

Norway’s Belships has added another 63,000 dwt ultramax to its newbuilding programme at Japan’s Imabari Shipbuilding.

Belships says it has entered an agreement to charter in the vessel once it delivers in the first half of 2020. The charter is for a minimum of eight years, with two additional annual options. Belships also has purchase options from the end of the fourth year.

Belships now has two ultramax vessels under construction at Imabari, with two bulkers in the series already delivered. The two delivered ships were both sold to Japanese interests and leased back on long-term charters.

The next ultramax is set to be delivered in January 2018.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

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