Fundador Naviera fixes panamax bulker to Norden

Fundador Naviera fixes panamax bulker to Norden

Low-profile Greek owner Fundador Naviera has fixed 2011-built panamax bulker Sasebo Ace to a new time charter contract with Denmark’s Norden.

The charter is for 12-14 months at a rate of $13,250 per day, slightly higher than the $13,000 per day Norden was paying on the previous charter for the vessel.

The employment is anticipated to generate around $4.77m of gross revenue based on the minimum time charter period.

Fundador Naviera has a fleet of three panamax bulkers, the other two vessels in the fleet being the 2014-built pair Sasebo Eco and Sasebo Green.

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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