Displaying items by tag: TaHo Maritime

Taiwan: Ta-Ho Maritime has announced its decision to buy a new cement carrier. The subsidiary of Taiwan Cement said that the investment cost would be up to US$50m. The bulk shipping company transports dry bulk commodities around the world, including cement. Its fleet consists mostly of ‘Kamsarmax’ sized ships and cement carriers with a total deadweight upwards of about 700,000t. It operates five dedicated cement carriers, two of which use alternate maritime power (AMP) that are used to reduce pollution.

China: Taiwan Cement has published information on behalf of its shipping subsidiary Ta-Ho Maritime concerning the latter’s purchase of two 84,000t capacity bulk carrier vessels at a price not exceeding US$70m from Japan-based shipbuilder Sumitomo. The deal contains an option to purchase a third unit for not more than US$35m, to be exercised before 30 September 2019.