Thoresen Thai Agencies (TTA) has taken delivery of a 53,350 dwt bulk carrier from Japan's Oshima Shipbuilding, the Bangkok-listed firm announced Wednesday, Seatrade Asia reports.
The vessel Thor Fortune was acquired by TTA at a price of JPY4.1bn ($50.8m), bringing the company's fleet to 19 with an average size of 35,704 dwt compared to 29,444 dwt at the end of 2010. Thor Fortune is owned by Thor Fortune Shipping, a wholly-owned subsidiary of Thoresen Shipping Singapore, which in turn is a subsidiary of TTA.
“This most recent addition to the Thoresen fleet reaffirms the company's long-term strategy to own and operate a modern and competitive dry bulk shipping fleet with low operating costs,” TTA said in a statement. TTA is currently embattled in a shareholders' brawl with threats of a major shakeup in senior management and change in business directions.