AsiaDry Cargo

Rhodium Resources enters shipowning with supramax acquisition

Singapore-based commodity trading company Rhodium Resources has acquired three secondhand supramax bulk carriers, marking the company’s entry into the shipowning sector.

According to the latest shipbroking report by Advanced Shipping & Trading, Rhodium Resources has bought Chinese-built 57,000 dwt bulk carriers Smolensk, Sibai and Saratov from Russian owner FESCO at a price of $11.9m each.

Rhodium Resources mainly trades iron ore, coal and agricultural products and it operates chartered vessels via its fully owned shipping unit Bluefield Maritime.

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Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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