iMarine’s Post

Lomar's Strategic Expansion in Dry Bulk Shipping 🚢💰 Lomar Shipping has significantly increased its investment in the dry bulk sector, allocating $127 million in the past year to expand its fleet. This includes the addition of new vessels, enhancing the company's capacity and operational capabilities to better serve the global logistics market. #LomarShipping #DryBulkInvestment #MaritimeIndustry #Shipping #GlobalLogistics #FleetExpansion #MaritimeInvestment #Transportation #SupplyChain #EconomicGrowth 🔗 Lomar bulker investment hits $127m in a year https://lnkd.in/emZbYFaT

Lomar's Strategic Expansion in Dry Bulk Shipping 🚢💰 Lomar Shipping has significantly increased its investment in the dry bulk sector, allocating $127 million in the past year to expand its fleet. This includes the addition of new vessels, enhancing the company's capacity and operational capabilities to better serve the global logistics market. #LomarShipping #DryBulkInvestment #MaritimeIndustry #Shipping #GlobalLogistics #FleetExpansion #MaritimeInvestment #Transportation #SupplyChain #EconomicGrowth 🔗 Lomar bulker investment hits $127m in a year https://lnkd.in/emZbYFaT

💰 Lomar's Strategic $127M Investment in Bulk Carriers Lomar Shipping is upping its game with a hefty $127 million investment in bulk carriers this year. This strategic move is aimed at bolstering its capacity and market reach in the competitive dry bulk sector. The investment underscores Lomar's commitment to growth and its confidence in the market's future. #Shipping #Investment #DryBulk #Lomar #Maritime #BulkCarriers #MarketGrowth #Strategy #BusinessDevelopment #Trade 🔗 Lomar bulker investment hits $127m this year https://lnkd.in/emZbYFaT

Lomar's Strategic Expansion in Dry Bulk Shipping 🚢💰 Lomar Shipping has significantly increased its investment in the dry bulk sector, allocating $127 million in the past year to expand its fleet. This includes the addition of new vessels, enhancing the company's capacity and operational capabilities to better serve the global logistics market. #LomarShipping #DryBulkInvestment #MaritimeIndustry #Shipping #GlobalLogistics #FleetExpansion #MaritimeInvestment #Transportation #SupplyChain #EconomicGrowth 🔗 Lomar bulker investment hits $127m in a year https://lnkd.in/evxBVCPk

💰 Lomar's Strategic $127M Investment in Bulk Carriers Lomar Shipping is upping its game with a hefty $127 million investment in bulk carriers this year. This strategic move is aimed at bolstering its capacity and market reach in the competitive dry bulk sector. The investment underscores Lomar's commitment to growth and its confidence in the market's future. #Shipping #Investment #DryBulk #Lomar #Maritime #BulkCarriers #MarketGrowth #Strategy #BusinessDevelopment #Trade 🔗 Lomar bulker investment hits $127m this year https://lnkd.in/emZbYFaT

Pangaea and MTM to combine fleets of dry bulk vessels in all-stock transaction Read the full story on Dry Bulk! Register (free of charge) to get access to the latest Dry Bulk news: https://lnkd.in/dGFvc7Rs

Two huge requests to withdraw aluminum from London Metal Exchange stockpiles have confronted the exchange with the return of an old enemy: the warehouse queue. Orders to deliver out aluminum at LME warehouses jumped by 183,975 tons on Thursday, after a 100,325 ton increase the previous day. Almost all of that was in Port Klang, Malaysia, where 352,875 tons is now waiting to be delivered out. The cancellations come after more than 600,000 tons of aluminum was delivered into Port Klang in the past week. Trafigura Group was the key player behind the deliveries, Bloomberg has reported. The issue of long wait times to get metal out of its warehouse network has been a headache for the LME for years. While large quantities of metal can be placed on warrant overnight, warehouses are only compelled to deliver out a few thousand tons each day, meaning that long queues can form. #aluminium #LME #metals #commoditytrading https://lnkd.in/ecb2hgE3

𝐒𝐞𝐚𝐜𝐨𝐧 𝐟𝐢𝐱𝐞𝐬 𝐥𝐞𝐚𝐬𝐞𝐛𝐚𝐜𝐤 𝐝𝐞𝐚𝐥𝐬 𝐟𝐨𝐫 𝐛𝐮𝐥𝐤𝐞𝐫 𝐧𝐞𝐰𝐛𝐮𝐢𝐥𝐝𝐬 China’s Seacon Shipping has secured financing for a pair of handysize bulk carriers under construction in Japan. The Qingdao-based diversified owner and operator has agreed a $63.4m sale and leaseback deal with Suyin Financial Leasing, which is controlled by Shanghai-listed Bank of Jiangsu. The deal covers 42,200 dwt vessels Seacon ordered at Tsuneishi Shipbuilding in April 2023 for around $31.7m. Seacon will charter-in the newbuilds for 120 months once delivered in June and September 2025 and have purchase options available during the charter period. The Hong Kong-listed company has financed most of its newbuilding projects via similar deals. End-June Seacon sealed a deal with entities controlled by Shanghai-listed AVIC Industry-Finance Holdings to sell and charter back an 18,500 dwt chemical tanker quartet under construction at Fujian Southeast for about $27.5m each.

It'll be interesting how the other shipping lines / subsidiaries etc. handle the situation with Maritime now going forwards, given many utilise them heavily. Also the ramifications on other hauliers like Goldstar in respect to the line haulage offerings with MSC now. Interesting times ahead! #shipping #logistics #freight #maritimetransport #MSC #Medite #Medlog

𝐌𝐎𝐋 𝐭𝐨 𝐭𝐚𝐤𝐞 𝐨𝐯𝐞𝐫 𝐆𝐞𝐚𝐫𝐛𝐮𝐥𝐤 𝐟𝐫𝐨𝐦 𝐊𝐫𝐢𝐬𝐭𝐢𝐚𝐧 𝐉𝐞𝐛𝐬𝐞𝐧 Norway’s open-hatch bulker specialist, Gearbulk Holding, owned by Norway’s Jebsen family, is to be taken over by Japan’s second largest shipping company, MOL, in a deal that will raise the Japanese firm’s stake from 49% to 72% by early next year. No price has yet been revealed but MOL’s latest move will see the Japanese company finally taking control of 60-ship Swiss-registered Gearbulk. Set up by the Jebsen family in 1968, MOL took its first stake in the bulk carrier specialist in 1991. It subsequently bought into more of the open-hatch bulker specialist, raising its holding to 49% in 2009. Now, MOL is buying a further slice of the Jebsen family’s holding, taking its stake to 72% early in 2025. Details of the transaction are not yet clear but MOL has stated that Gearbulk’s business will strengthen its worldwide network and the resulting synergies are likely to create new business opportunities. The result, MOL said, will be to differentiate the company from its competitors and strengthen its cost competitiveness and customer network.