Campbell Shipping Company yesterday signed a $30 million contract for a Japanese built vessel. The contract was signed with Imabari Shipbuilding Co. Ltd. of Japan.
The contract is for a 38,000 Ton Dry Bulk Carrier and delivery is expected in 2013. The new vessel will be registered on the Bahamian Ship Registry and will increase the Campbell fleet of ships to 16.
The ceremony took place at the Balmoral Club.
Present were executives of Imabari Shipbuilding Company, the Clipper Group, Galbraith's Ltd. and Campbell Shipping Company.
The Imabari Shipbuilding Group is the fourth largest shipbuilding company in the world.
Kiyoshi Higaki, managing director and a third generation owner of the shipyard, was present for the signing of the contract.
 
 
 

Click here to read more at The Nassau Guardian