Bremer Lloyd exits shipowning with Wilson deal

Bremer Lloyd exits shipowning with Wilson deal

Germany’s Bremer Lloyd has sold the only two vessels in its fleet, doing a deal with Norway’s Wilson for multipurpose general cargo vessels Hanseatic Trader and Hanseatic Scout.

The two 4,345 dwt vessels were sold for a total of €5.8m ($7m), with the ships set to change hands during the first quarter of 2018.

Bremer Lloyd is a diverse project cargo transport and logistics company founded in 1999 by Herbert and Frank Behrens with the acquisition of four multipurpose vessels. It currently lists the Hanseatic Trader and Hanseatic Scout as the only vessels in its fleet.

The 2002-built Hanseatic Scout has been renamed to Wilson Holla as its already on time charter to Wilson, while the 2001-built Hanseatic Trader will be renamed upon completion of the deal.

Wilson said the funding of the acquisition will through equity as well as a drawing down of an existing loan facility.

The deal increases the size of Wilson’s fleet to 118 vessels, of which 81 are owned.

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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