Dry CargoGreater China

KC Maritime inks contract for ultramax pair

Hong Kong owner KC Maritime has inked a contract with Cosco Shipping Heavy Industry (Zhoushan) for a pair of 63,600 dwt bulk carriers. The ships meet IMO Tier 3 regulations and EEDI Phase 3 compliance. No price has been revealed for the vessels.

Present for the signing at the yard was Gautam Chellaram (pictured) who took over from Vikrant Bhatia as head of the company last June.

KC Maritime was founded in 1999 as the dry bulk arm of the Chelleram Group. Today it oversees a fleet of five kamsarmaxes, six ultramaxes and one supramax, all of which start with the word Darya, Hindi for river.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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