BW Dry Cargo takes another Japanese kamsarmax

BW Dry Cargo takes another Japanese kamsarmax

Fast developing BW Dry Cargo has snapped up another Japanese kamsarmax. The Singapore firm, founded in April this year, has taken the eight-year-old Tsuneishi-built Nord Navigator from Japanese owner Daiwa Kisen. No price has been revealed. The 82,000 dwt ship had most recently been on a time charter to EDF.

BW Dry Cargo, part of BW Group, was established to focus on ships in the 50,000 dwt to 85,000 dwt range. It has since been scouring Japanese tonnage in particular and has been one of the year’s major buyers.

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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