Parakou>Introduction>Platform of development


The Group controls about 50 vessels including existing ships and new buildings on order. This fleet tonnage is over 2 million dwt. Most of the vessels are under long-term charter to first class charterers in China, North America and Europe. The financial health of the existing shipping business is assured through stable charter income, surplus cash flow and substantial growth in the value of net assets. Consistent performance has enabled the Group to develop a satisfactory spread of relationships in the international banking community. The Group's growing international reputation, provides a robust platform for development