Tomini Shipping acquires fourth of nine handymax dry bulk vessels, renamed as
Tomini Shipping acquired 2016 Chinese-built 38,763 DWT Interlink Veracity which has been renamed as "Tomini Kaimai". This is the fourth of nine handymax dry bulk vessels the company agreed to acquire.
Together with the five remaining vessel acquisitions, Tomini Shipping's fleet totals 26 ships with an average age of 5 years.
Numair Shaikh, CEO commented, “We see a very positive supply side picture on the handies, with relatively few new builds on order, and an ageing profile of the existing fleet. This leads to greater recycling numbers due to incoming environmental regulations, meaning the fundamentals are very much in favour of a positive handysize segment.”