Dry CargoGreater China

Franbo Lines eyes Japanese handy newbuilds

Taiwanese bulker owner Franbo Lines has announced its intention to contract two 40,000 dwt handysize newbuildings in Japan.

The vessels would comply with the latest emissions rules, and are expected to have a price tag of around $30m, the company said.

The move is part of Franbo Lines’ plan to renew and expand the fleet, which currently stands at 14 vessels, valued at $130.3m, according to VesselsValue data.

Adis Ajdin

Adis is an experienced news reporter with a backgroud in finance, media and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of International Federation of Journalists. Previously he had written for Navingo media group titles including Offshore Energy, Subsea World News and Marine Energy.
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