6-April-2018
Chinese dry bulk shipowner and operator BG Shipping (Beibu Gulf Shipping) sold 2009 Chinese built kamsarmax dry bulk carrier 82K DWT MV BBG Ambition (ex MV FD Isabella) to a Greek shipowner for around $19 million. BG Shipping (Beibu Gulf Shipping) is booking a tremendous profit from the sale of a modern kamsarmax bulker.
In 2016, BG Shipping (Beibu Gulf Shipping) bought MV BBG Ambition (ex MV FD Isabella) for around $9 million from Japanese shipowner Kambara Kisen. currently, Hong Kong-based BG Shipping (Beibu Gulf Shipping) fleet is left with 3 modern kamsarmax dry bulk carriers.
Hong Kong-based BG Shipping (Beibu Gulf Shipping) is led by former COSCO Shipping manager William Lu. BG Shipping (Beibu Gulf Shipping) operates more than 70 dry bulk carriers.
In 2016, BG Shipping (Beibu Gulf Shipping) sold 2013 kamsarmax dry bulk carriers 82K DWT MV BBG Glory and MV BBG Hope to Chinese shipowner and operator Seacon Ships Management for $30 million en bloc.
BG Shipping (Beibu Gulf Shipping) is 100% controlled by the Guangxi province-owned Beibu Gulf Port Group.