AmericasDry Cargo

Chilean dry bulk operator lays out plans to triple tonnage

Chilean dry bulk player Nachipa has outlined plans to triple the tonnage it has under management in new, ambitious medium-term business goals outlined this week.

Formed in 1948 and still family-owned, Nachipa, formerly known as Naviera Chilena Del Pacífico, has unveiled a rebrand this week coinciding with the opening of the company’s first European office in Hamburg and move to an asset-light model.

Our transition to an asset-light, cargo-focused model and expansion into new regions enables us to ride out the storm

“Nachipa recognises the changing nature of the shipping market and the increasing demand for a cargo-first approach,” the company stated in a release, suggesting clients these days are seeking tailored, non-commoditised solutions for dry bulk transportation.

Nachipa currently operates 10 handysize vessels with an average age of five years on mid- and long-term contracts, and also typically controls an additional two to four ships on a spot basis. The company transports approximately 3m metric tonnes of dry bulk cargoes annually.

In the coming years, Nachipa said it will expand its operations to meet the growing demand for modern supramaxes and ultramaxes, aiming to triple its tonnage under management, as well as open its first Asian office.

Felipe Simian, CEO of Nachipa, commented: “The market has been tough for the past few years and the global pandemic has added to the challenge. We are looking forward to a healthier market in the not-so-distant future. It’s been a difficult period, but our transition to an asset-light, cargo-focused model and expansion into new regions is enabling us to ride out the storm, as well as making us more resilient to unexpected market conditions. We are cautiously optimistic about next year and ready to seize the opportunities when they arrive.”

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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