A Sri Lankan cement manufacturer has doubled the size of its fleet in a matter of weeks. Tokyo Cement, Sri Lanka’s first privately owned cement manufacturing company, has taken two handysizes in quick succession to go alongside its existing handy pair.
As reported yesterday, the company – founded initially as a Japanese – Sri Lankan joint venture in 1982, took the 28,700 dwt Tan Binh 139 for $7.85m. Splash now understands Tokyo Cement has taken the 35,000 dwt New Creation, a ship that used to belong to Hsin Chien Marine, for $9.2m.
, a ship that used to belong to Hsin Chien Marine, for $9.2m.
