Wilhelmsen Ship Management has netted a management deal for two supramax bulkers from Kristin Tidemand’s Stove Shipping.
Both the 57,700-dwt Stove Tide and Stove Friend (both built 2016) — which are on charter from Phoenix Co of Japan - will be managed by WSM in Singapore.
Stove and WSM, part of Oslo-listed Wilhelmsen, have been working together for a decade.
Following the latest deal, WSM has secured contracts for more than 40 new vessels under technical management this year.
“WSM is optimistic about the future of the ship management industry driven by the improved sentiment in some market segments,” it said.
“Besides expanding in the managed bulk carrier fleet, we are also expanding in our gas fleet.”
