The winter has been cold in the North and it has been nothing different in the St. Lawrence area. Nevertheless AEC loaded a cargo of bulk wheat at Montreal on MV Koszalin, a 2012 built 38,056 dwat Bulk Carrier. The cargo went to two ports in the much warmer North Brazil.
While the long running AEC period charter vessel MV Four Aida was discharging scrap in Iskenderun between the 13th and the 16th of January 2014 the newly chartered long term period vessel MV Ephesus arrived to load Steel Products for Asia. Both vessels sailed 16th January 2014, with the Four Aida already being scheduled to return in February 2014.
The 1993 built 26,446 mt dwat Japanese bulk Bulk Carrier, MV Falcon Trader, will be added to AEC’s fleet under a medium term Charter Party. The vessel is expected to deliver in South America during January 2014.
The 2010 built 32,047 mt dwat Japanese built Bulk Carrier, MV Ephesus, has been added to AEC’s fleet under a long term Time Charter. The vessel delivered in Alexandria on the 11th of January 2014.
Mis à part les robes longues et conservatrices, les robes de cocktail courtes ont gagné de plus en plus de popularité parmi les jeunes, car elles vont vous rendre plus brillante et animée en montrant au monde votre ligne de jambes. Bon choix pour un cocktail ou une soirée de jeux en été!
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 have performed as a clockwork, which have given us the possibility to get the timing right and create a great base for AEC for coming years’ says CFO Eduardo de Paiva Sa Freitas.
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 and leading shipping banks’ says CFO Mr. Eduardo Sa Freitas.
DVB Bank SE is a leading provider of financing and advisory services in the global transportation market, especially in the segments of aviation, maritime, and land transport.
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.
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 the need to expand capacity has in turn led to an increase in infrastructure spending for port and rail facilities.
MV AEC Belief’s open hatch, box-shaped holds makes her an ideal carrier for such a cargo.
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 Lollesgaard, Chartering Manager in AEC, London. ‘We like the quality and specifications of these South Korean built vessels’ Mr. Lollesgaard continue.
MV Mardinik’s launching in 2011 at 21st Century Yard, South Korea:
http://www.youtube.com/watch?v=G0RCIezYGLU
AEC has already ordered the vessel on her first voyage under the AEC charter.
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Vessel short description:
MV MARDINIK
SD/BC BUILT 2011 MARSHALL ISLANDS FLAG
33,918MT DWAT ON 9.926M SSW
181/30M LOA/BEAM
23,322/11,202 GRT/NRT
5 HO/HA
4X30T CRANES
47,558.1 CBM GRAIN
45,180.2 CBM BALE
ABOUT 13.9KTS BALLAST/13.4KTS LADEN ON ABOUT 26.5MT IFO 380 CST + ABOUT 0.1MT MDO
ALTERNATIVELY
ABOUT 12.8KTS BALLAST/12.3KTS LADEN ON ABOUT 22MT IFO 380 CST + ABOUT 0.1MT MDO
IN PORT CONSUMPTION
IDLE ABOUT 2.8MT IFO + ABOUT 0.2MT MDO
WORKING ABOUT 5.8MT IFO + ABOUT 0.4MT MDO
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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 flag. We have a good relationship with the Bahamas Maritime Authority and the intention is to register the future AEC vessels in Bahamas as well. Bahamas flag is well respected worldwide and especially within the Bulk Carriers segment’ says Thomas Mayr, Head of AEC S&P.
Everything went as planned and it was a pleasure to work with the first class Japanese sellers’ says Mr. Mayr continues.
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MV AEC Belief is briefly described as follows:
Bahamas Flag
Double hull/box holds
Built September 2004, Shin Kurushima
33,540 mt dwat on 10.032 m ssw
21,385 grt / 11,444 nrt
179.99 m loa / 28.2 beam
44,650.91 cbm grain / 43,790.60 cmb bale
4 x30 mts cranes
5 holds/hatches
CO2 fitted
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