On the 9th of April 2014 AEC signed another Shipbuilding Contract with a first class Japanese Shipyard marking the conclusion of the first phase of the company's fleet development.

'We feel that our timing has been good and that AEC's Owned Fleet of seven Japanese Eco Double Hull Bulk Carriers will be excellent in combination with our Time Chartered Fleet' says Mr Thomas Mayr from AEC's S&P Department.

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