Lomar Shipping has boosted its shipping fleet with the acquisition of six container ships

June 19, 2020

Lomar Shipping has boosted its shipping fleet with the acquisition of six container ships ranging from 1,700-teu to 2,492-teu. The vessels, acquired from a number of international owners for undisclosed sums, will all enter the fleet by August this year.

The 1,700-teu Guangzhou Trader is a newbuilding purchased from the Guangzhou Wenchong Shipyard with which Lomar has a long-standing relationship. Also acquired are the 2000-built 2,478-teu Devon Trader (formerly Hansa Victory) the 2001-built 2,452-teu Kent Trader (formerly Katharina), both originating from German shipyards. The 2,492-teu Suffolk Trader and Norfolk Trader (formerly ER Helgoland and ER Cuxhaven), both German-built in 2002, were purchased as a pair from ER Schiffahrt. The 1,708-teu Nagoya Trader has also been added to the fleet.

Lomar has a total fleet of over 80 vessels of which 50 are sub-panamax container vessels. Lomar’s newbuilding programme which seeks to replenish the fleet with modern, eco-friendly ships has seen orders for over 25 new vessels with the majority of these new container ships and bulk carriers already delivered.

“We see the sub-panamax class as an under-built sector of the container market and believe in its underlying value,” commented Achim Boehme, Lomar CEO. “We have confidence in the sector and remain committed to growing a comprehensive, diverse fleet of modern ships to meet global transportation needs.”

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