Belgian companies Conti and Bocimar launch handysize venture
Bocimar International and Conti 7 have founded a new joint venture company, BoConti Shipping NV. The two Antwerp-based companies will be pooling their expertise to develop a tramp operating company with a modern handysize fleet(25,000 up to 45,000 dwt).
Bocimar is known as a large bulkcarrier operator, while Conti 7 is well established in the breakbulk market through its daughter company Conti-Lines, where it has acquired a strong reputation in operating multipurpose and small bulkcarrier vessels in liner services and parcel trades.
Six newbuildings of 35,000 dwt, to be delivered in 2009 and 2010, are already assigned to BoConti Shipping, which has ambitions to grow to a substantial player in the handysize sector through further acquisition and long term chartering.
Jean-Frédéric Brion, Managing Director of Conti 7 and Conti- Lines says: “Creating this new set-up with Bocimar as a strong and solid partner, is a unique and promising opportunity which will surely further enhance both our positions in the global maritime scene. I consider it a real asset to exploit a fleet of young modern vessels, most of which will be flying Belgian flag.”
Bocimar is known as a large bulkcarrier operator, while Conti 7 is well established in the breakbulk market through its daughter company Conti-Lines, where it has acquired a strong reputation in operating multipurpose and small bulkcarrier vessels in liner services and parcel trades.
Six newbuildings of 35,000 dwt, to be delivered in 2009 and 2010, are already assigned to BoConti Shipping, which has ambitions to grow to a substantial player in the handysize sector through further acquisition and long term chartering.
Jean-Frédéric Brion, Managing Director of Conti 7 and Conti- Lines says: “Creating this new set-up with Bocimar as a strong and solid partner, is a unique and promising opportunity which will surely further enhance both our positions in the global maritime scene. I consider it a real asset to exploit a fleet of young modern vessels, most of which will be flying Belgian flag.”