The acquisition of Tomini Kaimai and the other vessels from Interlink will bring Tomini’s fleet to 26 ships with an average age of five years.
Numair Shaikh, CEO of Tomini Group, said: “We see a very positive supply side picture on the handies, with relatively few new builds on order, and an ageing profile of the existing fleet. This leads to greater recycling numbers due to incoming environmental regulations, meaning the fundamentals are very much in favour of a positive handysize segment.”