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Lomar is to deliver a further bulk vessel into service this month, its ninth acquisition in the past year. The newly renamed Ebury Trader will commence a long-term chartering arrangement with a global logistics provider, following the completion of upgrades at a shipyard in China that includes the installation of energy-saving devices. The vessel’s entry into commercial operations represents a total investment of over $126m in dry bulk vessels in the past 12-month period. Lomar’s is building its fleet of bulk carriers, which now number 14 in total after it raised more than $2bn from the sale of virtually all of its containership fleet. Lomar CEO Nicholas Georgiou said: “Lomar has largely divested from container shipping during a period of record-breaking markets and is currently re-investing in the dry bulk sector where we see considerable opportunities.” Lomar’s latest addition to its fleet of bulkers is a 57,016 dwt vessel that was formerly named Hai Yang Zhi Hua. It was purchased from a company in China and originally built at the China Shipping Jiangsu shipyard in September 2011. In October 2022 Lomar completed the acquisition of the Bremen-based Carl Büttner Holding at an enterprise value of close to $160m, strengthening its interests in the chemical/product tanker sector. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); }); TagsUnited Kingdom
Lomar focuses on building its dry bulk fleet
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