AsiaDry Cargo

Grindrod extends charter of Nisshin supramax

Nasdaq-listed dry bulk and product tanker owner Grindrod Shipping is extending the firm charter-in period of the 2015-built supramax IVS Pinehurst.

The vessel, which is owned by Japan’s Nisshin Shipping, has been extended for 11 to 13 months from November 15, 2020.

Grindrod has a further option to extend the charter for an additional 11 to 13 months and also has a purchase option to acquire the vessel at a fixed price in the future.

Grindrod operates its bulkers under the Island View Shipping brand with a fleet of 15 handysizes and 15 supramax/ultramax bulkers.

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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