Sponsored By

Nachipa expanding into Europe, moving to asset light business model

Chilean dry bulk shipping company Naviera Chilena del Pacifico (Nachipa), is opening its first European office in Hamburg as it moves to an asset-light business model.

Michele Labrut, Americas Correspondent

September 29, 2020

2 Min Read
NACHIPA SIMIAN CEO (002)
Felipe Simian, ceo of NachipaPhoto: Nachipa

Nachipa, a specialist in the global transportation of dry bulk commodities, has launched its new brand ‘Cargo First’ to coincide with a fresh business focus that is taking a cargo-first approach, reducing its owned fleet, and expanding its global operations.

Formed in 1948 and still family-owned, Nachipa also announced the opening of Nachipa’s first European office in Hamburg, Germany and along with the move to an asset-light model.

 The dry bulk ship owner currently operates 10 handysize vessels with an average age of five years on mid- and long-term contracts, and also typically controls an additional two to four ships on a spot basis.  The company transports approximately 3m metric tonnes of dry bulk cargoes annually.

In the coming years, Nachipa plans to expand its operations to meet the growing demand for modern supramaxes and ultramaxes, and aims to triple its tonnage under management, as well as open its first Asian office.

“The market has been tough for the past few years and the global pandemic has added to the challenge. We are looking forward to a healthier market in the not-so-distant future. It’s been a difficult period, but our transition to an asset-light, cargo-focused model and expansion into new regions is enabling us to ride out the storm, as well as making us more resilient to unexpected market conditions,” said said Felipe Simian, ceo of Nachipa.

Related:Dry bulk ‘very close’ to supply-demand balance

“We are cautiously optimistic about next year and ready to seize the opportunities when they arrive,”.

Nachipa’s cco Jan-Philipp Rauno, added: “Today, our activities are concentrated in the Americas, but our new office in Hamburg, Germany places us at the very heart of the European transhipment trade, and brings us closer to our customers and partners as we expand our quality-first strategy globally. Nachipa’s asset-light approach allows us to be reactive, flexible, and adaptive to change.”

The company’s vessels trade worldwide and provide intelligent transportation solutions to a diverse group of customers, including miners, producers, traders and end receivers. Nachipa’s main cargoes are grain, coal, and iron ore, as well as fertilisers, steel products, pet-coke, cement, and forest products.

 

Read more about:

dry bulk shipping

About the Author

Michele Labrut

Americas Correspondent

Michèle Labrut is a long-time Panama resident, a journalist and correspondent, and has continuously covered the maritime sector of Central & Latin America.

Michèle first came to Panama as a press attaché to the French Embassy and then returned to the isthmus as a foreign correspondent in the 1980s.

Author of Seatrade Maritime's annual Panama Maritime Review magazine and of several books, Michèle also wrote for Time magazine, The Miami Herald, NBC News and the Economist Intelligence Unit. She has also collaborated in making several documentaries for the BBC and European and U.S. television networks.

Michèle's profession necessitates a profound knowledge of the country, but her acumen is not from necessity alone, but a genuine passion for Panama.

In 2012 she was awarded the Order of Merit (Knight grade) by the French Government for her services to international journalism and in 2021 the upgrade to Chevalier grade.

Get the latest maritime news, analysis and more delivered to your inbox
Join 12,000+ members of the maritime community

You May Also Like