Louis Dreyfus

12-April-2018

French shipowner and operator Louis-Dreyfus Armateurs (LDA) is exiting the capesize dry bulk spot market. Louis-Dreyfus Armateurs (LDA) demonstrated that capesize dry bulk spot market is extremely volatile and presently dominated by prominent mining groups. According Louis-Dreyfus Armateurs (LDA), capesize dry bulk spot market is not controlled by shipowners any longer. Capesize dry bulk spot market is dominated by gigantic mining groups.

Louis-Dreyfus Armateurs (LDA) is withdrawing out of capesize spot market in order not to risk its operations with the bigger vessels. French shipowner and operator Louis-Dreyfus Armateurs (LDA) is endeavoring to concentrate on handysize dry bulk sector.

Louis-Dreyfus Armateurs (LDA) has opened a new office in Singapore for the chartering department. French shipowner and operator Louis-Dreyfus Armateurs (LDA) supervisory board is chaired by Philippe Louis-Dreyfus. Louis-Dreyfus Armateurs (LDA) has been restructured into three divisions: bulkers, ports and offshore. However, the dry bulk segment has been representing half of the business of Louis-Dreyfus Armateurs (LDA).

14-February-2018

Louis-Dreyfus Armateurs (LDA) chartered out 2014 built capesize 179K DWT MV Simon LD to Castleton Commodities for $19,850 per day for a year.

7-May-2017

Louis Dreyfus & Cie chartered in 2010 built capesize dry bulk carrier 178K DWT M/V Great Yuan from Chinese Sinotrans Shipping for 1 year at $15,500 per day. In 2014, Chinese shipowner and operator Sinotrans Shipping bought M/V Great Yuan for $49 million.