AEC purchase a 2004 Japanese Handysize

AEC is aquiring a 33,500 dwat Japanese built Handysize Bulk Carrier with expected delivery/take over during end July/beginning August 2013.

‘Extensive work and efforts have been put into selecting this Japanese Handysize vessel’ says Mr. Thomas Mayr head of AEC’s S & P department. We are looking for second hand vessels with decent speed and consumption, specifications that are suitable for our trades and with a strong preference for Japanese vessels. The acquired vessel, that will be renamed MV AEC Belief, meet our requirements’ Mr. Mayr continues.

‘Our investors have showed the expected trust in AEC’s Management and it has therefore been possible to follow through with our strategy plan’ says CFO Eduardo de Paiva Sa Freitas and continues ‘ We currently have various interesting projects in the pipeline and look forward to some exiting years to come’.

AEC charters in Fednav vessel and also concludes further two charter deals with D.S. Norden

AEC chartered in Messrs Fednav’s vessel MV Federal Kibune (36,824dwt Built 2012) to carry a cargo of bulk wheat to from Sorel, Canada to Brazil.

With Messrs D.S. Norden, AEC chartered in MV Nord Soul (36,781dwt Built 2010) for a trip from the Mediterranean to Brazil and in turn chartered out AEC’s period vessel MV Four Diamond (34,53dwt Built 2011) for balance period.

‘We are pleased with the good relationships we have built around the world, which allow us to effectively arbitrate our requirements and fleet’ says Mr Jesper Lollesgaard, Chartering Manager at AEC, London.

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Mv Four Diamond