Lomar orders new 2,200-TEU ships from Guangzhou Wenchong Shipyard

2012 04 12


LOMAR, the ship owning and management subsidiary of the Libra Group, has signed a new order with the Guangzhou Wenchong Shipyard for up to six new 2,190-TEU containerships.

Scheduled for delivery starting from early 2014, the vessels have been designed by Chinese design institute Shanghai Merchant Ship Design and Research Institute (SDARI) and are said to meet the highest standards for fuel efficiency and environmental compliance.

The investment reconfirms Lomar's return to the container shipping sector in recent years, and follows the company's order earlier this year for up to six new bulk carriers from China's Cosco Group, said a statement from Libra Group posted on PRNewswire via COMTEX.

The order takes Lomar's current fleet to close to 50 vessels. These new hull-optimised ships are said to offer improved performance compared with existing container vessels of the same size by providing significant savings on fuel consumption at a wide range of speeds in comparison to those on the market.

"We are re-investing in our fleet with these new vessels," said Lomar CEO Achim Boehme. "Wenchong has a very strong reputation for delivering excellent quality container vessels and being among the best shipyards in the 'feeder' size sector. We look forward to taking delivery of these newbuildings which will enhance our existing portfolio and allow us to stay competitive, continuing to offer a comprehensive service across the whole of Lomar with a modern, fuel-efficient fleet."

After 35 years of buying and selling mixed class vessels, Lomar sold almost its entire fleet between 2004 and 2007. However, the company re-invested in shipping in late 2009 with the US$325 million acquisition of the Allocean fleet of 26 vessels.

Nowadays, the company has a mixed fleet of vessels including bulk carriers, containerships, LPG and chemical tankers as well as offshore vessels.

Source Shipping Gazette - Daily Shipping News
 

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