Ta-ho Maritime orders kamsarmax trio at Sumitomo

Ta-ho Maritime orders kamsarmax trio at Sumitomo

Taiwan Cement has announced that its shipping unit, Ta-ho Maritime, has placed an order at Japanese yard Sumitomo Heavy Industries for the construction of up to three 84,200 dwt kamsarmax bulk carriers.

The shipbuilding contract comprises a firm order for two ships and option for one additional ship. The company will decide on the execution of the option before September 30. The price for each ship is $35m.

The new ships will be used to transport coal for Taiwan Cement and chartering operations.

Ta-ho Maritime currently owns a fleet of nine ships, made up of five cement carriers and four kamsarmax bulkers, and it has another 81,300 dwt bulker under construction at Oshima Shipbuilding.

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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