zoom Greek tanker owner Aegean Shipping Management S.A. has signed an order with Chinese Cosco Shipping Heavy Industry for up to eight 82,000 DWT Kamsarmax bulk carriers, thus venturing into the dry bulk sector.The order comprises four firm and four optional ships in a 4+2+2 series to be constructed by Cosco Zhoushan shipyard, with deliveries scheduled for the second half of 2019 onwards.“We decided to move into the dry bulk sector now as an investment, taking advantage of the historically low asset price levels, combined with our belief that this sector is on its way to a sustainable recovery by 2018/19. (…) I am convinced that the dry bulk development will prove a great success,” the company’s Chairman, George Melissanidis stressed.“This is a very significant newbuilding order for us and it is firmly aligned with our diversification and fleet expansion strategy via modern and efficient vessels. The specification for these vessels has been jointly developed with the yard and designers, COSCO and SDARI, and has been enhanced in accordance with our company’s Green Fleet standards in order to meet and exceed industry demand requirements for this ship type,“ ASM CEO, Apostolos Poulovassilis added.Aegean Shipping Management has five tankers in its fleet with an average age of four years, valued at approximately USD 110 million, based on the data from VesselsValue.The company also has two tanker newbuilds on order at COSCO Zhoushan. The Aframax tankers of 113,000 DWT are scheduled for delivery in 2018.
Home » News » Zoopla founder Alex Chesterman calls for UK to stay in EU Customs Union previous nextRegulation & LawZoopla founder Alex Chesterman calls for UK to stay in EU Customs UnionEntrepreneur joins 100 other business leaders who have attacked the ‘softer Brexit’ agreed over the weekend by the Cabinet.Nigel Lewis9th July 201801,434 Views Zoopla founder Alex Chesterman has made a rare foray into politics after signing an open letter along side 100 other business people that calls for the UK to stay inside the EU Customs Union after it departs Europe next year.Organised by Innocent drinks founder Richard Reed (pictured, below), other signatories of the letter include Julian Metcalfe of Pret a Manger as well as the founders of clothing website Net-a-Porter, food firms Domino’s Pizza and Yo! Sushi plus clothing firm Jack Wills.The letter is a direct response to the ‘softer’ Brexit agreed at Prime Minister Theresa May’s Chequer’s cabinet gathering over the weekend.During the meeting a ‘facilitated customs arrangement’ was agreed. This would remove the need for a hard border with the EU in Ireland by making the UK into an EU Free Trade area.But the group of business leaders who signed the letters have attacked this solution as being not soft Brexit enough, while hard-line Brexiteers have criticised it for making too many concessions to the EU.The letter says that: “The cost, complexity and bureaucracy created by crashing out of the customs union and adopting alternative arrangements is the last thing that our businesses need as we seek to grow and employ more people. It would amount to the British government tying the hands of British business.”The letter also pleads with Conservative MPs to put aside their ideological differences and instead back a clutch of amendments introduced by several rebel Conservative MPs led by Anna Soubry and Labour’s Chuka Umunna.Customs UnionThese amendments have been added to a pair of customs and trade bills due to be debated in Parliament next week which would “offer business the certainty of remaining in a customs union with the European Union”.Last week Anna Soubry said that: “Beyond a fringe who are committed to leaving the EU for ideological reasons, Conservative MPs are instinctively pro-business and pragmatic.“They have seen the way in which leading businesses have warned about the potential for huge damage that a hard Brexit will bring, and they have heard business organisations and firms – large and small – make their case.”Read more about Brexit and property.Alex Chesterman Anna Soubry Brexit Brexit legal challenge Chuka umunna customs union July 9, 2018Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021