Suisse Atlantique

The MV Nyon, a Marshall Islands-flagged ultramax bulk carrier owned by Swiss shipowner Suisse Atlantique, was robbed while anchored in Conakry, Guinea, 16 nautical miles south of Conakry. The Maritime Domain Awareness for Trade Gulf of Guinea (MDAT GoG), a piracy reporting organization, conveyed that a quartet of armed individuals illicitly boarded the MV Nyon, an ultramax bulk carrier controlled by Suisse Atlantique and constructed in 2021. During the course of the robbery, the crew members were subjected to assault, resulting in minor injuries. Despite the presence of three other vessels within a three-nautical mile radius, they remained unaffected. At approximately 03:30 hours local time in Guinea, a group of armed perpetrators boarded the 2021-built ultramax bulk carrier MV Nyon. They absconded with some of the vessel’s property and belongings, but assured the safety of all crew members, with no reports of injuries. The operational capabilities of the 2021-built ultramax bulk carrier MV Nyon, under the control of Suisse Atlantique, remain intact. In the Gulf of Guinea, there were a total of 19 pirate attacks last year, a decrease from the 35 incidents reported in 2021. According to the annual piracy report by the International Maritime Organization, there were 131 recorded global incidents last year, marking the lowest number of reported occurrences since 1995. Nevertheless, the ICC International Maritime Bureau (IMB), an anti-piracy organization, has been advocating for a consistent, robust, and coordinated naval presence in the region, particularly after two tanker hijackings earlier this year. On the 10th of July 1941, Mr. Georges Alfred André, the esteemed CEO (Chief Executive Officer) and President of André & Cie, established Suisse-Atlantique. Suisse-Atlantique’s inaugural vessel is the MV St-Cergue, meticulously overseen under their management. This remarkable ship proudly carries the name of the ancestral village from which the Mr. Georges Alfred André family originates. In the year 2017, Mr. Eric André gracefully concludes his remarkable half-century of dedicated service with Suisse-Atlantique, including an impressive 36-year tenure as the esteemed presidency. On the auspicious date of July 1st, 2017, the baton of leadership is seamlessly passed on to the capable hands of the newly appointed CEO and President, Mr. Jean-Noel André, assuming the mantle of authority. Currently, Switzerland-based shipowner and operator Suisse-Atlantique owns and operates 14 bulk carriers. 23-June-2023

 

Switzerland-based shipowner and operator Suisse-Atlantique another vintage bulk carrier. Suisse-Atlantique sold 1999 built panamax bulk carrier 73K DWT MV Celerina for around $5.5 million. CEO Eric Andre-led shipowner and operator Suisse-Atlantique has sold MV Celerina as part of its ongoing fleet optimization. 1999 built panamax bulk carrier 73K DWT MV Celerina was constructed at CSBC Corporation (China Shipbuilding Corporation). The sale of MV Celerina confirms the prevailing trend of declining values in the market for such bulk carriers. 10-October-2018

 

Switzerland-based shipowner and operator Suisse-Atlantique is currently in the process of selling two of its older handysize bulk carriers to a Greek shipowner, marking its first sale in over a year. CEO Eric Andre-led shipowner and operator Suisse-Atlantique 2003 built handysize bulk carrier 29K DWT MV Silvretta and 2003 built handysize bulk carrier 29K DWT MV Silvaplana for a combined sum of approximately $14.3 million. MV Silvretta and MV Silvaplana were built by Shikoku Dockyard. Handysize bulk carriers have experienced a significant increase in value since the lowest point of the dry-bulk market decline. 4-June-2018

 

Switzerland-based shipowner and operator Suisse-Atlantique is currently divesting itself of a second panamax bulk carrier within a week, at a time when Chinese shipowners are showing great interest in ships built in the late 1990s. CEO Eric Andre-led shipowner and operator Suisse-Atlantique has sold 1999 built panamax bulk carrier 73K DWT MV General Guisan for around $4.1 million. MV General Guisan was constructed at CSBC Corporation (China Shipbuilding Corporation). This price represents a $1 million premium over the 1999 built panamax bulk carrier 73K DWT MV General Guisan’s demolition value and is the same amount achieved by the sistership, MV Nyon when it was sold to a Chinese shipowner. Switzerland-based shipowner and operator Suisse-Atlantique currently possesses two (2) additional bulk carriers from the same series, namely the MV Corviglia and MV Celerina, both built in 1999. However, it seems that these bulk carriers are not currently being considered for sale. According to the Suisse-Atlantique CEO Eric Andre, both of these bulk carriers are currently engaged in charter agreements for a period of two years. 17-January-2017

 

Switzerland-based shipowner and operator Suisse-Atlantique is currently divesting itself of four (4) vintage panamax bulk carriers. CEO Eric Andre-led shipowner and operator Suisse-Atlantique has sold 1999 built panamax bulk carrier 73K DWT MV Nyon for around $4.1 million to a Chinese shipowner. Currently, Chinese shipowners are showing great interest in ships built in the late 1990s. MV Nyon was constructed at CSBC Corporation (China Shipbuilding Corporation). While the 1999 built panamax bulk carrier 73K DWT MV Nyon’s demolition value stands at a mere $3 million, there is a notable interest from Chinese buyers, particularly for panamaxes built in the late 1990s. Suisse-Atlantique possesses four sister panamax bulk carriers. 10-January-2017

 

Switzerland-based shipowner and operator Suisse-Atlantique initiates legal action against Gavilon in a dispute over cargo. Suisse-Atlantique asserts that it became entangled in a legal battle in China despite being assured by the US charterer that the quality of the dark grain was not a concern. A subsidiary of Suisse-Atlantique Navigation Maritime, an affiliate of the ship operator, has filed a lawsuit in Delaware against Gavilon. The lawsuit contends that the US agricultural company should bear responsibility for a conflict in China involving an allegedly discoloured grain shipment. Oceana Shipping, the registered owner of Suisse-Atlantique’s 999 built panamax bulk carrier 73K DWT MV Nyon, claims that it was implicated in the Chinese legal proceedings that posed a threat of arresting the panamax bulk carrier. Oceana Shipping’s legal representatives informed a US federal judge that the company has issued a LOI (letter of indemnity) amounting to $2.4 million. 10-October-2016

 

Switzerland-based shipowner and operator Suisse-Atlantique acquires two (2) supramax bulk carriers from Copehagen-based shipowner Lauritzen. Suisse-Atlantique is venturing into the supramax segment by purchasing two (2) supramax bulk carriers from Lauritzen Bulkers of Denmark. CEO Eric Andre-led shipowner and operator Suisse-Atlantique acquired 2011 built supramax bulk carrier 57K DWT MV Toucan Bulker and 2011 built supramax bulk carrier 57K DWT MV Thunderbird Bulker. Suisse-Atlantique is paying $29.5 million per ship. MV Toucan Bulker and MV Thunderbird Bulker were constructed by Tsuneishi Cebu, had been part of the Lauritzen fleet since their delivery. In May, Switzerland-based shipowner and operator Suisse-Atlantique committed to acquiring three (3) bulk carriers, each with a capacity of 87K DWT from Hyundai Mipo Dockyard (HMD) for a total cost of slightly over $100 million. 19-December-2013

 

Switzerland-based shipowner and operator Suisse-Atlantique is investing over $100 million to enhance its fleet. Suisse-Atlantiqu has commissioned three (3) bulk carriers weighing 87K DWT from Hyundi Mipo Dockyard (HMD) in Ulsan. These vessels are scheduled for delivery in 2015 and 2016. These newly constructed bulk carriers, with their shallow draught, will be slightly larger than kamsarmax vessels, thereby rendering them unable to dock at the Port of Kamsar. The length of each bulk carrier measures approximately 200 meters, with a beam spanning 38 meters. Switzerland-based shipowner and operator Suisse-Atlantique’s bulk carriers engage in global trade, but the company holds a particular interest in trading along the Amazon River. 9-May-2013