Greek shipowner and operator Chartworld Shipping Corporation acquired 2015 built capesize bulk carrier 179K DWT MV HL Passion from Korean shipowner and operator H-Line. Capesize bulk carrier 179K DWT MV HL Passion was built at Dalian Shipyard. Athens-based shipowner and operator Chartworld Shipping Corporation has been creating a significant impact in the realm of sales and acquisitions, acquiring one contemporary capesize bulk carriers after another. Lou and George Kollakis-led Chartworld Shipping Corporation was successfully procured for a remarkable sum of $36.5 million after attracting several competitive bids. Currently, Athens-based shipowner and operator Chartworld Shipping Corporation has a fleet of 31 bulk carriers. 27-July-2023
Athens-based Lou and George Kollakis-led shipowner and operator Chartworld Shipping Corporation send 2004 built capesize bulk carrier 174K DWT MV Star Tianjin to scrap at PHP Shipbreaking & Recycling Industries in Bangladesh. PHP Shipbreaking & Recycling Industries is the Bangladesh’s only recycling yard certified as being compliant with the Hong Kong Convention for the Safe Recycling of Ships. Lately, 2004 built capesize bulk carrier 174K DWT MV Star Tianjin is one of the very rare demolition arrivals due to currency and credit difficulties in Bangladesh. CEO Lou Kollakis-led Chartworld Shipping Corporation operates around 40 ships at a given time. Athens-based shipowner and operator Chartworld Shipping Corporation has a chartering arm Chartworld Chartering Corporation (CCC). Chartworld Shipping specialize in international maritime transportation, in particular, moving dry bulk commodities by connecting shipowners with First Class Charterers (FCC). Futhermore, Chartworld Shipping offers ship management and technical management services to third party shipowners. 7-October-2022
Greek shipowner and operator Chartworld Shipping Corporation has gracefully entered the secondhand maritime market, acquiring the Japanese-controlled newcastlemax bulk carrier 203K DWT MV Cape United for an approximate sum of $22 million. Newcastlemax bulk carrier 203K DWT MV Cape United will mark the fifth esteemed addition to Athens-based Lou and George Kollakis-led shipowner and operator Chartworld Shipping Corporation’s capesize segment, with the newcastlemax bulk carrier being the second one procured this year. Chartworld Shipping Corporation took ownership of the 206K DWT MV Star Ventur in June, which was previously under the purview of another Japanese shipowner. Throughout the year, Greek shipowner and operator Chartworld Shipping Corporation’s dry cargo division has been notably active, discreetly concluding a series of transactions. Chartworld Shipping Corporation has also successfully incorporated three (3) post-panamax sized bulk carriers from the Italian shipowner and operator Giuseppe Bottiglieri. 19-August-2021
Athens-based Lou and George Kollakis-led shipowner and operator Chartworld Shipping Corporation and its affiliated company, Nederland Shipping, have admitted culpability in federal court in Wilmington, Delaware, for their failure to apprise the U.S. Coast Guard of a perilous condition aboard one of their ships and for violating the Act to Prevent Pollution from Ships (APPS) by submitting false documentation to the Coast Guard to conceal ship oil pollution. As part of the plea agreement, Chartworld Shipping Corporation and its affiliated company, Nederland Shipping will be subjected to a $1.8 million criminal penalty. According to an official statement from the DOJ (Department of Justice), the Coast Guard initiated investigations into Greek shipowner and operator Chartworld Shipping Corporation controlled 1991 built reefer ship 13K DWT MV Nederland Reefer in February. The investigation revealed that the ship’s chief engineer had been deceptively tampering with the oil content monitoring device on the MV Nederland Reefer’s oily water separator, discharging untreated oily bilge water overboard at sea by substituting it with fresh water. Furthermore, the chief engineer falsified MV Nederland Reefer’s oil record book to conceal these illegal discharges from the Coast Guard. MV Nederland Reefer’s chief engineer pleaded guilty in court earlier this month. During the investigation, it was also discovered that the company had failed to report a hazardous condition, where seawater infiltrated the vessel below the waterline through a hole in the ship’s bilge holding tank. As part of the sentence, Greek shipowner and operator Chartworld Shipping Corporation and its affiliated company, Nederland Shipping will be placed on a four-year probationary period, which includes the implementation of a comprehensive environmental compliance plan. The plan aims to ensure that all ships operated by the Chartworld Shipping Corporation and its affiliated company Nederland Shipping upon entering the United States, fully adhere to all applicable national and international marine environmental protection laws. 16-October-2019
Chinese shipowner and operator Jinhui Shipping and Transportation has officially terminated an agreement with Athens-based Lou and George Kollakis-led shipowner and operator Chartworld Shipping Corporation to procure the 2002 built supramax bulk carrier MV Aifanourios. In April, Jinhui Shipping and Transportation willingly entered an agreement to acquire two (2) supramax bulk carriers from Greek shipowner and operator Chartworld Shipping Corporation. However, regrettably, the acquisition of the 2002 built supramax bulk carrier MV Aifanourios was halted due to an unfortunate delay in the ship’s delivery.
As part of the initial arrangement, Jinhui Shipping and Transportation had generously agreed to remunerate $5.75 million for the distinguished 2001-built supramax bulk carrier MV Aigeorgis and $6.25 million for the 2002-built MV Aifanourios. Following the termination of the agreement, the $625,000 deposit paid for the acquisition of MV Aifanourios has been duly refunded. Presently, with the successful delivery of 2002 built supramax bulk carrier MV Aifanourios, Chinese shipowner and operator Jinhui Shipping and Transportation possesses a fleet of nineteen (19) bulk carriers, comprising two (2) post-panamax bulk carriers and seventeen (17) supramax bulk carriers. 4-June-2019
Chinese shipowner and operator Jinhui Shipping and Transportation has recently procured a pair of splendid supramax bulk carriers from Athens-based Lou and George Kollakis-led shipowner and operator Chartworld Shipping Corporation. Jinhui Shipping and Transportation has gracefully disbursed a total of $12 million for these two supramax bulk carriers, graciously offering $5.75 million for the esteemed 2001 built supramax bulk carrier MV Aigeorgis and $6.25 million for the 2002 built supramax bulk carrier MV Aifanourios. This acquisition comes as quite an intriguing surprise for Chinese shipowner and operator Jinhui Shipping and Transportation, as they have primarily focused on divesting supramax bulk carriers of a similar age during the past 18 months. Nonetheless, the supramax bulk carriers managed to command much higher prices during these sales. Chinese shipowner and operator Jinhui Shipping and Transportation believe that the purchase prices of these supramax bulk carriers are highly alluring. The acquisition of these splendid supramax bulk carriers will enable Jinhui Shipping and Transportation to further expand their overall cargo-carrying capacity while mitigating the risks associated with excessive capital allocation due to anticipated changes in maritime regulations. Jinhui Shipping and Transportation confidently stated that these supramax bulk carriers are expected to generate a steady and recurring stream of income for the company. 2001 built supramax bulk carrier MV Aigeorgis is scheduled for delivery sometime between May 2 and June 7, while the 2002 built supramax bulk carrier MV Aifanourios is expected to arrive in May. As of now, Chinese shipowner and operator Jinhui Shipping and Transportation possess a distinguished fleet of 18 ships, comprising two post-panamax bulk carriers and 16 supramax bulk carriers. 23-April-2019
Shipbrokers have connected Athens-based Lou and George Kollakis-led shipowner and operator Chartworld Shipping Corporation with an upcoming contract signing for ultramax bulk carriers. It is understood that Greek shipowner and operator Chartworld Shipping Corporation has progressed to the LOI (letter of intent) stage with the esteemed Chinese Shipyard Xiangyu, intending to acquire two (2) bulk carriers, with an additional option for four (4) more, each having a capacity of 63K DWT (deadweight tonnage). The delivery of these solidly built ultramax bulk carriers is scheduled for the year 2020, and the negotiated price is believed to be around $24 million per ship. Athens-based shipowner and operator Chartworld Shipping Corporation has been diligently expanding in recent times, establishing the company as one of the most reliable purchasers of new bulk carriers, primarily from Chinese shipyards, since the commencement of 2017, capitalizing on the attractive low prices available in the market. 24-April-2018
Greek shipowner and operator Chartworld Shipping Corporation signed a contract for 4 newbuilding kamsarmax dry bulk carriers at Chinese Shipyard Yangzijiang Shipbuilding for $23 million per kamsarmax dry bulk carrier. After Chartworld Shipping contracts Chinese Shipyard Yangzijiang Shipbuilding increased the price tag of kamsarmax dry carriers $1.5 million per ship. Positive sentiment is all across the dry bulk market pushing shipowners to order new ships. Greek shipowner and operator Chartworld Shipping Corporation has a mixed fleet of bulk carriers and tankers total of 60 ships. 2-April-2017
Athens-based Lou and George Kollakis-led shipowner and operator Chartworld Shipping Corporation has resurged into action with a trio of acquisitions, adeptly capitalizing on the opportunity of bargain secondhand prices available in the ship market. Greek shipowner and operator Chartworld Shipping Corporation has acquired two contemporary ex-Hanjin Shipping mini-capesize bulk carriers, namely the MV N Buchanan and MV N Odessa, each for a sum of $13.2 million. Furthermore, Chartworld Shipping Corporation has engaged with Nisshin Shipping, a prominent bulk carrier seller in Japan, to secure 2009 built kamsarmax bulk carrier 82K DWT MV Epson Trader II for around $12 million. MV Epson Trader II, conspicuously illustrates the notable surge in prices for this Japanese-built bulk carriers, having escalated by approximately 50% within a span of merely 12 months. 15-February-2017
Athens-based shipowner and operator Chartworld Shipping Corporation has inked shipbuilding agreements with Jinhai Heavy Industry (JHI), a shipyard affiliated with Chinese HNA Group, for the construction of four (4) newcastlemax bulk carriers, each boasting a capacity of 208K DWT (deadweight tons). Chartworld Shipping Corporation deal marks Jinhai Heavy Industry’s (JHI) second order of the year 2017, with the prior one being from Singapore-based Raffles Shipping. Greek shipowner and operator Chartworld Shipping Corporation has been notably active in the second-hand market as of late. In the month of January, Chartworld Shipping Corporatio procured three (3) ex-Hanjin bulk carriers and an additional bulk carrier from Nisshin Shipping. Currently, the fleet of Athens-based shipowner and operator Chartworld Shipping Corporation is diverse, comprising 64 ships in total, encompassing 10 bulk carriers, 7 tankers, 22 containerships, and 27 reefer cargo ships. 7-February-2017
The most recent capesize bulk carrier from Hanjin Shipping’s esteemed fleet has found a new owner. Creditor KEB Hana Bank requested a price indication for the 2010 built capesize bulk carrier 179K DWT MV MV N Fos at the beginning of this month. Eventually, the capesize bulk carrier 179K DWT MV MV N Fos was sold for around $21.8 million and it was Athens-based Lou and George Kollakis-led shipowner and operator Chartworld Shipping Corporation that emerged as the buyer. Greek shipowner and operator Chartworld Shipping Corporation exhibited renewed vigor in the initial month of this year, expanding their fleet with the acquisition of a kamsarmax bulk carrier from Nisshin Shipping, in addition to two mini-capesize bulk carrier that were formerly part of the now-defunct Hanjin Shipping. 1-February-2017
Athens-based Chartworld Shipping Corporation bought 2016 built panamax bulk carrier 81K DWT M/V Hyundai Grande for $20.1 million and M/V Hyundai Princess for $18.9 million from Seoul based H-Line Shipping. 26-November-2016
CEO Lou Kollakis-led Chartworld Shipping Corporation bought new building capesize dry bulk carrier 180K DWT Mustang for $33 million from Chinese shipyard Shanghai Waigaoqiao Shipbuilding (SWS). This might be Diana Shipping’s resale. In December 2015, Chartworld Shipping bought 2005 built capesize dry bulk carrier 171K DWT Pierre LD for $12.2m. Currently, Lou Kollakis led Chartworld Shipping operates around 40 ships at a given time. 14-August-2016
Athens-based Lou and George Kollakis-led shipowner and operator Chartworld Shipping Corporation has been officially identified as the purchaser of two (2) capesize bulk carriers from NYK Line, each fetching $9.5 million apiece. Greek shipowner and operator Chartworld Shipping Corporation has acquired 2000 built capesize bulk carrier 171K DWT MV Chitose and 2000 built capesize bulk carrier 172K DWT MV Onoe. 8-April-2015