Entries by Lars-Peter Madsen

AEC is acquiring a 32,500 dwat Japanese built Handysize Logger/Bulk Carrier

AEC is acquiring a 32,500 dwat Japanese built Handysize Logger/Bulk Carrier with expected delivery/take over during February 2014. ‘This acquisition will complete our 2013 investment strategy which is very satisfactory. The vessel is Japanese built and in great condition.’ says Mr. Thomas Mayr head of AEC’s S & P department. ‘Our team and our investors […]

AEC finalizes debt finance facility and declares additional New Buildings

AEC has finalized and signed an important debt financing package with DVB Bank SE. ‘We have reached yet another important milestone by concluding the financing package via DVB.  The financing forms an important part of AEC’s strategic plan and fleet expansion program and we are pleased to work with one of the world’s most experienced […]

AEC charters Supramaxes from Messrs Atlantic Bulk Carriers Limited (ABCML)

AEC is gradually expanding in the Supramax segment and recently MV Spring Hawk (55,688dwt Built 2010) and MV Desert Condor (56,174dwt Built 2011) were chartered to carry agriculture products from Brazil to Morocco and Algeria, a trade where AEC is constantly active involving Handysize, Handymax and Supramax vessels.

AEC continues its expansion in the Far East transporting railway cars

MV AEC Belief, the recently acquired 33,540 dwat 2004 built bulk carrier, alongside at Qingdao, China loading her cargo of railway cars bound for Port Hedland, Australia. Port Hedland is the world’s biggest bulk terminal with much of the demand coming from China. China’s recent increase in buying of iron ore is driving demand and […]

AEC adds new long Time Charter vessel to the fleet

The 2011 Built 33,918 mt dwat Korean Built Bulk Carrier, MV Mardinik, has been added to AEC’s fleet under long term Time Charter. ‘MV Mardinik has good deadweight, draft, cubic and age for our cargo commitments and we look forward to a smooth collaboration with the vessel’s Commercial Managers Messrs Sealestial Navigation Co.’ say Jesper […]

MV AEC Belief is delivered into AEC’s fleet

On the 16th August 2013 at 1615 hrs local time the Japanese built vessel MV AEC Belief was successfully delivered to AEC. AEC has opted in flying Bahamas Flag being very much in line with the Groups domicile. ‘We are dedicated to support the local shipping community, so it was not hard to decide on the […]

AEC concludes further New Building Contracts with another first class Japanese shipyard

AEC has successfully followed though with the strategy plan, creating a fleet of large Eco Bulk Carriers with modern specifications and double hull. ‘Hard work and dedication, in combination with corporate governance, has made it possible for AEC to reach yet another milestone’ says Mr. Thomas Mayr, Head of AEC’s S & P department . ‘Japan […]

AEC load Supramaxes in the Persian Gulf destined for the Red Sea

The performance of a Supramax Cement Clinker contract from the Persian Gulf to the Red Sea is well under way. AEC has the internal knowledge and experience to provide first class service and ensure a smooth operation for such commodity and trade. MV Grebe Bulker was one of the Supramaxes that have carried the Cement […]

AEC signs Japanese New Building Contract

In line with the company’s strategy plan, AEC has signed a contract with a first class Japanese shipyard for the building of modern Eco Bulk Carriers. ‘We are extremely satisfied with the latest developments, which have now resulted in the contract signing’ says Mr. Thomas Mayr head of AEC’s S & P department. ‘The first […]

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 […]