Hamburg-based shipowner and operator Hamburg Bulk Carriers GmbH & Co. KG and Hong Kong-based shipowner and operator Asia Maritime Pacific (AMP) merged into a new handysize giant named Cetus Maritime in 2022. Now, Hong Kong-based ship operator Cetus Maritime has forged an alliance with the esteemed Singapore-based Yangzijiang Financial, targeting the intricate nuances of the handysize realm. Together, Cetus Maritime and Yangzijiang Financial envisage the creation of an asset-holding consortium with an ambitious objective: the procurement of four (4) to eight (8) ecologically-conceived handysize bulk carriers destined for integration into Cetus Maritime’s sophisticated handysize ensemble. This collaborative venture birthed from the maritime fund under the stewardship of Yangzijiang Financial’s affiliate, GEM Asset Management, harbors aspirations of venturing into the acquisition of pre-existing seafarers. On the Cetus Maritime and Yangzijiang Financial alliance’s inception, the illustrious Yangzijiang Financial manager Vincent Toe stated that collaborating with revered counterparts like Cetus Maritime empowers Yangzijiang Financial to distill the quintessential essence of market value, encompassing asset transactions, fiscal solutions, and streamlined operations. Emerging from the strategic unification of Hong Kong’s Asia Maritime Pacific (AMP) and Hamburg Bulk Carriers (HBC) in the preceding year, Cetus Maritime boasts dominion over a grand fleet exceeding forty (40) bulk carriers, complemented by chartered tonnage. Cetus Maritime CEO Mark Young illuminated Cetus Maritime’s recent trajectory, emphasizing a rejuvenation crusade. CEO Mark Young highlighted their judicious transition from relinquishing dated handysize bulk carriers to large bulk carriers when serendipity beckoned to refine their armada. Cetus Maritime CEO Mark Young elegantly articulated that this cooperative endeavour is an organic evolution of Cetus Maritime and Yangzijiang Financial’s blueprint, and further expounded that Cetus Maritime and Yangzijiang Financial jointly contend that the imminent era will usher in a propitious supply milieu and augmented demand for tertiary bulk goods. Cetus Maritime and Yangzijiang Financial will culminate in elevated mean dry bulk carriage tariffs, notwithstanding the ephemeral challenges currently clouding the dry bulk horizon. 8-August-2023
Hamburg-based shipowner and operator Hamburg Bulk Carriers GmbH & Co. KG and Hong Kong-based shipowner and operator Asia Maritime Pacific (AMP) merged into a new handysize giant named Cetus Maritime. Hamburg Bulk Carriers (HBC) and Asia Maritime Pacific (AMP) merged to start one of the biggest privately owned handysize bulker players in the shipping market. Cetus Maritime will control a fleet of 65 handysize bulk carriers. Cetus Maritime will start its operations in January 2023. Cetus Maritime will have a more considerable and mixed fleet, with a more robust balance sheet and greater access to capital markets. Hamburg Bulk Carriers (HBC) was established in Hamburg in 1999 by Jens von Husen and Georg Greilinger. Hamburg Bulk Carriers (HBC) is a bulk ship operator for minor cargoes. Currently, Hong Kong-based shipowner and operator Asia Maritime Pacific (AMP) operates around 36 bulk carriers. 12-December-2022
HBC Hamburg Bulk Carriers GmbH & Co. KG will receive a $95 million loan from Hamburg Commercial Bank (HCOB). Hamburg Bulk Carriers (HBC) will refinance seven (7) handymax bulk carriers. The agreement marks a step forward for Hamburg Commercial Bank’s (HCOB) new partnership with Philip Clausius-led investment brokerage Transport Capital. Transport Capital was established to represent the privatized German bank in Asia. Hamburg Commercial Bank (HCOB) is delighted to have received Hamburg Bulk Carriers (HBC) as a new client with an office in both Hamburg and Singapore. In April 2021, Hamburg Commercial Bank (HCOB), the former HSH Nordbank, cooperated with Transport Capital. Hamburg Commercial Bank (HCOB) and Transport Capital target small and medium-sized maritime corporations with substantial operational track records. Hamburg Bulk Carriers (HBC) was established in Hamburg in 1999 by Jens von Husen and Georg Greilinger. Hamburg Bulk Carriers (HBC) is a bulk ship operator for minor cargoes. Currently, Hamburg Bulk Carriers (HBC) operates a fleet of 15 bulk carriers. 7-July-2022
Gothenburg-based tanker and ro-ro giant Stena Group has entered a new market with a breakbulk chartering partnership with Poulsen HBC Line (PHL). In 2014, Glasværket-based J Poulsen Shipping and Hamburg-based Hamburg Bulk Carriers (HBC) established PHL (Poulsen HBC Line). PHL’s (Poulsen HBC Line) aim is to get better utilisation out of Hamburg Bulk Carriers’ (HBC) dry bulk fleet by securing breakbulk backhaul freight traditionally carried by multipurpose (MPP) vessels. Stena Group and PHL (Poulsen HBC Line) joint venture put Stena’s Austen Maritime Services (AMS) in charge of breakbulk chartering in China, Hong Kong, South Korea, and Taiwan for the joint venture’s vessels. Stena Group and PHL (Poulsen HBC Line) joint venture signed the agreement at the Breakbulk China conference in Shanghai. 28-March-2018
German shipowner and operator HBC Hamburg Bulk Carriers GmbH & Co. KG warned that any move to bring forward the deadline for greenhouse emissions to 2020 instead of 2025 would be detrimental with safety considerations overshadowing any potential commercial benefits. MD (Managing Director) Stefan Bulow-led Hamburg Bulk Carriers (HBC) disregards early target date for emissions. HBC Hamburg Bulk Carriers GmbH & Co. KG has precautioned about the risks of bringing forward the deadline for more stringent controls on greenhouse gas emissions from shipping. Meanwhile, HBC Hamburg Bulk Carriers GmbH & Co. KG has been waiting for the delivery of the last in a series of handysize bulk carriers that already fulfill the green prerequisites. HBC Hamburg Bulk Carriers GmbH & Co. KG will take the delivery of the handysize bulk carrier new building 43K DWT MV Zephyr Venture. MV Zephyr Venture is the last of 10 geared handysize bulk carrier new buildings delivered to HBC Hamburg Bulk Carriers GmbH & Co. from Qingshan Shipyard. 12-June-2017