AEC has extended it’s Latin America program and now successfully delivered the first cargo into Panama.
In August MV Wuhu, the Delta Marine designed 39,191 mts Dwat 2014 built Bulk Carrier, discharged a combination cargo of about 32.500 metric tons of a bulk Wheat, Corn and DDGS (Dried Distillers Grains with Soluble) in the Port of Cristobal.
AEC is looking forward to extend their freight program to Panama.
Delta Marine design
With the completion of the discharging of 27,500 metric tons of bulk wheat in beginning of August, AEC successfully continues the program to Ecuador.
The cargo originated from the Mississippi River and was carried on MV Marcolorado a 2010 built 34,904 Dwat Bulk Carrier.
The company holds close ties with the United States and it exporters and AEC has vast in-house U.S. freight trading experience. U.S.A. is an important market for the company and there is always a close focus on optimizing and expanding those business activities. From the Head office in the Lyford Cay area on New Providence, Bahamas, the airtime is very convenient for U.S. visits and follows ups. New York is 2 1/2 hour away, Miami or Fort Lauderdale 35 minutes and Houston 3 hours only.
The start of July have been busy. AEC has been and are loading the following vessels in U.S. ports:
MV Starway – Beaumont – 26,650 mts of grain products
MV Penghu SW – Houston – 32,000 mts of grain products
MV Falcon Trader – Mississippi River – 15,000 mts of grain products
MV Mardinik – New Orleans – 25,000 mts of grain products
MV Marcolorado – Mississippi River – 27,500 mts of grain products
MV Federal Kibune – Norfolk – 32,500 mts grain products
MV Halki – Norfolk – 31,600 mts of grain products
At the end of May 2014 AEC completed discharging three larger vessels in Egypt proving AEC’s ability to adapt to its costumers (Charterers) needs in terms of flexibility in shipments timing and shipment sizes.
MV Power Ranger, a 45,946 dwat Handymax, discharged 39,735 mt Soya Beans in Alexandria.
MV Global Success, a 58,687 dwat Supramax, discharged 39,073 mts Soya Beans in Abu Kir.
MV Bravo John, a 71,333 dwat Panamax, discharged 44,000 mts Corn also in Alexandria.
All of the cargoes came from South America.
Under AEC ownership the logger MV AEC Diligence was contracted to load a full cargo of Malaysian Logs at the ports of Tanjung Manis and Tanjong Salirong, Malaysia for discharge in India.
MV Anatoli, a 47,166 dwt Bulk Carriers chartered by AEC from the reputable Head Owners Mamaras Navigation of Greece, loaded a cargo of Bulk Wheat at Cargill’s Terminal in Houston under the Port Agency of Holman Shipping, Inc.
During the loading of the vessel a courtesy visit was arranged by AEC for the following friends:
– Former Houston Mayor Bob Lanier’s wife, Mrs. Elyse Lanier, who also previously served as Port Commissioner of the Port of Houston.
-Mrs. Courtney Sarofim, daughter of Mrs. Lanier
-Mrs. Michelle Symonette and Mr. Craig Symonette. Mr. Symonette is the son of the first Premier of The Bahamas, Sir Roland Symonette and is an active member of the Nassau community.
AEC have ordered the vessel to Brazil supplying the Brazilian wheat milling industry.
Mr. Symonette exchanging views with Captain Theodoros Krimizis
Captain Theodoros Krimizis with the rare female visit of Mrs. Lanier and Mrs. Sarofim
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.
‘Our focus on vessels within a segment where AEC has very strong commercial ties and relationships, will for sure prove to be the right move. Our focus has constantly been on getting vessels with the right specifications in accordance with our in-house knowledge that comes from decades of profound industry experience’ says Mr Claas Grafe, Chartering Manager at AEC, Bahamas.
The Group will get the first Japanese New Building in November 2014 and already have two owned second hand Japanese Double-Hull/Box/Open Hatch Handysize vessels in service.
AEC largest single commodity carried is Bulk Wheat for human consumption and AEC is loading the commodity from all parts of the world.
The recent loading of Wheat in Albany, NY, USA was under delicate cold River conditions with the long and hard winter in the State of New York this year. Albany is situated over 100 miles upstream at the Hudson River. Nevertheless the operations went smoothly with good support from AEC close Owners Messrs NS United Kaiun Kaisha Ltd. with the cargo safely on its way to West Coast South America.
MV Atlantic Venus
AEC concluded a business with the UK Charterers ED&F Man Sugar to carry a full cargo of Sugar from USA to Lebanon. The cargo was loaded in the Mississipi River on MV Ana-M, a 27,364 dwat built 1997, and discharged at Tripoli, Lebanon.
Tripoli, Lebanon
On the 20th February 2014 at 1615 hours at Changshu – China, AEC took delivery of their latest vessel MV AEC Diligence.
The vessels is briefly described as follows:
MV AEC DILIGENCE
32,189MT DWAT ON 10.55M SSW – TPC 41.09
(32,872MT DWAT ON 10.717M TIMBER)
BAHAMAS FLAG
BUILT APRIL JAPAN 2002, SAIKI HEAVY INDUSTRIES, JAPAN
DOUBLE HULL/BOX/OPEN HATCH/FULLY FITTED LOGGER
LOA 171.59M / BEAM 27.05M
5 HOLDS/5 HATCHES
GRAIN 40,323 CBM / BALE 39,839 CBM
4 X 30.5MT CRANES
GRT 19,882 / NRT 10,780
CO2 FITTED IN HOLDS
ALL DETAILS ABOUT
The vessel was sent on her first employment loading a full cargo of steel pipes which her box hold are ideal for.
MV AEC Diligence pipes loading