Greek company Capital Management Services is exiting shipping, brokers tell Splash. The Athens-based company has sold its only bulker, the one-year-old, Japanese built 81,700 dwt . The tipped taker of the bulker is one of the world’s largest steelmaker ArcelorMittal, which is emerging as one of the...
https://splash247.com/arcelormittal-linked-with-fourth-bulker-buy-in-the-space-of-three-weeks/
In conjunction with last week’s $1.3bn takeover of the steelmaker Ilva steel giant ArcelorMittal, in has also opened a new shipping company called ArcelorMittal Italia Maritime Services. This brand new Italy-based firm will purchase all the fleet of the former Ilva Servizi Marittimi, which acted as...
https://splash247.com/arcelormittal-opens-new-italian-shipping-arm/
Lakshmi Mittal’s ArcelorMittal has just added several bulkers to its fleet according to brokers. The Luxembourg-based company is said to have acquired two resale capsizes from JP Morgan, True Valor and True Virtue, with deliveries from Shanghai Waigaoqiao Shipbuilding expected around May 2019. The...
https://splash247.com/arcelormittal-snaps-up-resale-capes-from-jp-morgan/