19-September-2019
Singapore based shipowner and operator Azure Maritime took control of handy bulk carriers managed by Hong Kong-based Taylor Maritime. Azure Maritime is led by CEO Captain Vijay Pal. Azure Maritime is intending to expand its fleet in the handysize bulk segment.
Singapore based Azure Maritime is partly controlled by the Singapore-based, Japanese-controlled entity AFO Pte Ltd. AFO Pte Ltd is also the principal shareholder in bulk carriers. Hong Kong-based Taylor Maritime is led by Ed Buttery. Currently, Azure Maritime controls the management of:
- MV Blue Balestier (ex MV Super Sarah, 32K DWT, built 2006)
- MV Feisty Karen (32K DWT, built 2002)
- MV Lovely Klara (28K DWT, built 2002)
- MV Princess Paula (ex MV Paola, 32K DWT, built 2004)
- MV Blue Alexandra (32K DWT, built 2005)
Singapore based shipowner and operator Azure Maritime was established in 2017 by CEO Takuya Aiba. CEO Takuya Aiba is head of financial leasing company Spring Liner and was previously managing director of Celeste Holding Pte Ltd.
Some of the Azure Maritime controlled bulk carriers technical management is assigned to Taymar and Apex Shipmanagement. Azure Maritime’s bulk carriers have been on short-term period charter to Pacific Basin Shipping, Cargill Ocean Transportation, and Louis Dreyfus.
Singapore based shipowner and operator Azure Maritime have plans for direct chartering in the long-term. CEO Captain Vijay joined Azure Maritime in May 2019.