Jaldhi behind acquisition of MR pair

Jaldhi behind acquisition of MR pair

Jaldhi has been revealed as the buyer of a pair of Japanese MR tankers, sold by JX Ocean last month for a total of $30m.

Brokers reported the sale of the two 2009-built 46,000 dwt MR tankers, High Beam and High Current, last month. Lorentzen & Stemoco had identified the buyer as Danish owner Celsius, while other brokers pointed to Greek buyers.

Jaldhi, established in Singapore in 2004 and part of India’s Bothra Group, mostly charters in vessels.

It currently owns a single Japanese panamax bulker, the 2008-built Jal Kumud, according to VesselsValue. In August, the company offloaded Japanese panamax bulker Jal Pari to the Akij Group in Bangladesh. The vessel has since been renamed to Akij Glory.

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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