Navig8 closes cape desk, hands fleet to SwissMarine

Navig8 closes cape desk, hands fleet to SwissMarine

Navig8 has handed over all its chartered in capesizes to SwissMarine. According to a recent Baltic Exchange market report: “Navig8 relet its period fleet en bloc to SwissMarine for the balance of period after reportedly closing its Cape desk.”

Navig8’s operations now are primarily focused on crude and chemical tankers as well as OSVs.

SwissMarine’s has more than 50 capes on time charter as well as owning 11 capes.

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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