Tomini Places Order for 3 Kamsarmaxes

 

The vessels are scheduled for delivery from the second half of 2019 onwards and follow the company’s order earlier this year for three newbuilding bulk carriers from another prominent Chinese shipyard. This latest deal underlines Tomini Shipping’s comprehensive fleet renewal strategy with the latest in quality, energy-saving, and fuel-efficient designs. The order will take Tomini’s fleet to over 18 vessels.

 

“We decided to move into the Kamsarmax dry bulk sector and take advantage of the historically low asset price levels; we believe that this sector is on its way to a sustainable recovery by 2019/2020.   We are delighted to be collaborating with our partners at Taizhou Kouan, in this exciting new venture for Tomini Shipping” said Imtiaz Shaikh, Chairman of Tomini Group.

 

Tomini Shipping is the shipping subsidiary of Tomini Group, a diversified international business group. The Group’s other transportation interests include classic cars and plant machinery.