AsiaDry Cargo

Handy specialist Tan Binh in for another

Brokers link Tan Binh Shipping to the purchase of the Japanese-controlled, 32,000 dwt Karine Bulker, its second handy acquisition of the year.

Tan Binh, which focuses on Japanese tonnage, was the most active Vietnamese buyer last year, taking on a steady stream of six elderly ships, including one bulker even bought without inspection.

Its only reported purchase this year was in March, when it snapped up the similar sized Angel Jupiter this ship now renamed Tan Binh 234 and flagged domestically.

Haiphong based Tan Binh was established in 1998 and became one of the first private Vietnamese lines to operate internationally. The handy specialist boasts a fleet just under 20 ships.

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Hans Thaulow

Hans Henrik Thaulow is an Oslo-based journalist who has been covering the shipping industry for the last 15 years. As well as some work for the Informa Group, Hans was the China correspondent for TradeWinds. He also contributes to Maritime CEO magazine. Hans’ shipping background extends to working as a shipbroker trainee with Simpson, Spence & Young in Hong Kong.
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