11-March-2010

Turkish shipowner and operator Ince Shipping (Ince Denizcilik ve Ticaret AS) is accelerating its growth trajectory with a major surge in fleet expansion that underscores its long-term commitment to modernisation and competitive strength in the global dry bulk sector. Ahmet Bedri Ince-led Istanbul-based shipowner and operator Ince Shipping (Ince Denizcilik ve Ticaret AS) is on track to nearly triple its fleet size within the next six months, marking one of the most ambitious expansion phases in its history. The traditionally conservative Turkish shipowning organisation Ince Shipping & Trading (Ince Denizcilik ve Ticaret AS) is preparing to take delivery of seven bulk carrier newbuildings over the next half-year, forming part of a comprehensive $400 million newbuilding programme. These newly built bulk carriers will significantly upgrade the overall age profile, fuel efficiency and operational versatility of the Ince Shipping (Ince Denizcilik ve Ticaret AS) fleet. The fleet additions include modern vessels equipped with energy-saving technologies, environmentally compliant engines, optimised hull designs and digital navigation systems that align with the latest IMO emission and efficiency regulations. Ince Shipping & Trading (Ince Denizcilik ve Ticaret AS) has spent more than a decade steadily expanding its fleet with a strong focus on newbuildings rather than secondhand acquisitions. This approach reflects the organisation’s belief in investing in long-term operational reliability, reduced maintenance costs, enhanced safety standards and improved commercial attractiveness for charterers seeking modern bulk carrier tonnage. Senior leadership at Ince Shipping (Ince Denizcilik ve Ticaret AS) maintains that this strategy has positioned the group as one of Türkiye’s most forward-thinking dry bulk shipowners, capable of responding rapidly to shifts in global cargo flows and market demand. In parallel with its newbuilding intake, Ince Shipping & Trading (Ince Denizcilik ve Ticaret AS) continues to optimise its existing fleet portfolio. Just last week, Ince Shipping & Trading (Ince Denizcilik ve Ticaret AS) reportedly sold the 2008-built handysize bulk carrier 28,000 DWT MV Ince Marmara (built 2008) for around $25 million, a move consistent with the organisation’s asset renewal framework aimed at phasing out older vessels while making room for younger and more efficient ships. Founded in 1967 as a family-owned and family-managed maritime enterprise, Ince Shipping (Ince Denizcilik ve Ticaret AS) has grown into one of Türkiye’s most respected and internationally active dry bulk shipowners. Operating from dual hubs in Istanbul and Singapore, the organisation manages a diverse fleet that includes handysize, supramax, ultramax and panamax bulk carriers trading across worldwide routes. Ince Shipping (Ince Denizcilik ve Ticaret AS) emphasises high standards of technical management, rigorous safety culture, transparent commercial practices and long-term partnerships with global charterers and commodity majors. The rapid fleet expansion coming in the next six months is expected to significantly strengthen Ince Shipping (Ince Denizcilik ve Ticaret AS)’s market position, enhance its operational capacity and extend its global reach. With a reputation built on multigenerational values, disciplined fleet strategy and continuous investment in modern tonnage, Ince Shipping (Ince Denizcilik ve Ticaret AS) continues its evolution as a prominent and influential representative of Turkish maritime shipping in the international dry bulk arena.