TCC Group, K Line Reaffirm Bonds with Capesize Newbuilding
Shanghai-based Tai Chong Cheang Group (TCC Group) has launched a joint venture with Japan’s Kawasaki Kisen Kaisha, Ltd (K Line) by signing a Shareholders Agreement and a contract for the construction of a 182,200 mt Capesize newbuilding by Imabari Shipbuilding Co., Ltd.
The joint venture named TK50 to mark 50 years of collaboration between the companies was formally established in Hong Kong on October 28.
Commenting on the joint venture, “K” Line Representative Director, President & CEO Jiro Asakura said: “K Line’s long relationship with the TCC Group dates back to the 1960’s and has always been underpinned by three ‘ships’ – Friendship, Partnership and Relationship. The joint venture aims to pool the strengths and shared values of our two organizations to provide quality international bulk transport services for prime customers. It is our wish that the TK50 joint venture will be the platform, not just for cooperation in drybulk shipping, but will also expand over time to other strategic areas where the best practices and competitive advantages of TCC and ‘K’ Line would be shared and harnessed in close business partnership.”
ENGINES & SPARES FOR SALE
ENGINES & SPARES WANTED
POWER PLANTS & EQUIPMENTS FOR SALE
- JENBACHER SPARE PARTS FOR SALE
- 155 MWe SIEMENS V94.2 Unused Gas turbine SIEMENS SGen5-100A Turbogenerator [x1] 2008Y 6300V 50HZ 3000RPM
- For Sale: Wartsila 18V32LN and Wartsila 12V32LN Power Plant Engines
- Wartsila VASA 18V32 & Mak 16M32
- Power plant 3 generators 350 KVA and one 200 KVA
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