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Wallem to manage AO Shipping ultramax newbuild pair

Wallem to manage AO Shipping ultramax newbuild pair
Wallem is to manage two bulker newbuildings for AO Shipping, bringing its managed fleet for the German owner to five.

Wallem Europe will manage two ultramax newbuildings for AO Shipping to be delivered from Imabari shipyard in Japan in 2015.

“A repeat client is a true validation of the quality services the Wallem team in Europe delivers,” said Ulrich Paulsdorff, managing director of Wallem Europe.

“A Wallem superintendent and crew take over team will join the vessels well before they leave the ship yard, making themselves very familiar with the ships and their equipment.”

With the addition of the latest vessels Wallem will be managing over 140 bulkers from Europe, Hong Kong and Singapore.