Independent journal on economy and transport policy
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CMB will acquire assets dry the bulk of the Delphis
million Investment nine dollars
April 20, 2012
The Belgian shipowning group Maritime Companies Belge (CMB) has announced the decision to acquire assets in the field of the marine bulk transport sand banks of the compatriot Delphis, a branch of the Saverco, in its turn shareholder of reference of the same CMB.
The acquisition will include a participation of 50% in joint venture Ocean Capes Ltd., society that the property of the ships portarinfuse capesize Mineral Subic (of 179.397 gross capacities in tons has, constructed in 2011), Lake Dolphin (179,418 tpl, year 2011) and Canada Bulk (179,397 tpl, year 2012). Remaining 50% of joint venture are in the hands of the Boxlog.
The Lake Dolphin and the Canada Bulk are rental to bare boat respective to CMB and Boxlog, while the Mineral Subic is operated by joint venture Ocean Capes and is currently rental for ten years to the STX Pan Ocean South Korean.
Moreover CMB will acquire the entire capital stock of Blue Dolphin Shipping Ltd., society that possesses the rinfusiera Handysize Rio Black person, that it has a gross capacity of 20.501 tons and is constructed in 1999.
CMB has announced that the total expenditure for the acquisition of 50% of Ocean Capes and 100% of Blue Dolphin Shipping will pile to nine million dollars, figure that reflects the current fair market value of the ships and two contracts of chartering.
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