Caledonia continues rapid fleet buildup with panamax charter

Caledonia continues rapid fleet buildup with panamax charter

Caledonia Maritime Services has confirmed to Splash that it has taken 2005-built panamax vessel Melia on charter, expanding its fleet to five bulkers.

The Connecticut-based company, set up last year, has chartered the vessel at a reported $12,750 per day from Italy’s United Bulk Carriers, who have the vessel on charter from Diana Shipping at $12,000 per day.

The Italian outfit took the vessel from Diana earlier this month for 17-20 months, with the charter to Caledonia understood to be for 10-13 months.

Caledonia Maritime Services has also recently chartered in two supramaxes, Future Lily and Bunun Elegance, as well as two handysizes, Glenpark and Stamina SW.

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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