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ASP Acquires 50% Shareholding In New Zealand Based Coastal Bulk Shipping

marinesalvage by marinesalvage
January 29, 2021
in News
0
ASP acquires shareholding in Coastal Bulk Shipping

ASP Ships Group (ASP) has actually used up a 50% shareholding in New Zealand based Coastal Bulk Shipping Ltd (CBS). CBS possesses as well as runs the MV ANATOKI, a General/ Bulk Cargo vessel that has actually efficiently run around the New Zealand coastline because 2008.

Doug Smith, CBS General Manager, invited ASP to the firm as well as stated that “ASP will greatly assist the company to further explore and develop a number of opportunities the company has identified over recent times. With ASP as a major shareholder CBS will have important and key access to a strong network of marine logistics, ship management and technical support services through ASP’s network of offices in New Zealand, Australia and worldwide.”

ASP Ships Group Chief Executive Officer David Borcoski stated that “the acquisition of 50% of CBS is a strategic one with ASP and CBS combining their core strengths and focused on developing the NZ coastal bulk shipping trades. Coastal shipping is an environmentally friendly transport mode on a tonne/kilometre basis and we will work closely with current and future customers to provide both a resilient and an environmental friendly footprint to their bulk shipping task.”

ASP acquires shareholding in Coastal Bulk Shipping

Image Credits: aspships.com

Company Information:

Coastal Bulk Shipping (CBS) are the proprietors as well as drivers of the basic freight ship MV ANATOKI. This vessel relocates mass freights around the New Zealand coastline successfully as well as set you back successfully. CBS has actually functioned because 2008. Due to its dimension, the MV ANATOKI has the ability to efficiently as well as securely browse superficial harbours such as Wanganui, Westport as well asGreymouth This enables the MV ANATOKI to get/ release its freights closer to their resource/ location, giving customers with performances with relocating their freights by sea.

The ASP Ships Group (ASP) is an international expert aquatic companies with a concentrate on Australia, New Zealand as well as Asian areas. ASP presently runs in New Zealand with completely possessed subsidiary Silver Fern Shipping Limited, based in Wellington as well as run 2 MR vessels forCoastal Oil Logistics Ltd These vessels disperse oil items from the NZ Refinery at Marsden Point around the New Zealand coastline.

Source of This New

Tags: ASP ShipsCoastal Bulk Shipping
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