ACM mulls ship broking expansion | Maritime Union Of India (Business Opportunities - Other Business Ads)

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ACM mulls ship broking expansion | Maritime Union Of India


Oil tanker broker ACM Shipping Group is looking at growing its ship broking business and may expand into the dry bulk market amid tougher conditions in the seaborne industry, its chief executive said on Tuesday.

The global economic downturn has hit the shipping sector hard with weak demand for oil putting pressure on tanker rates.

Johnny Plumbe, one of the co-founders of ACM which was set up in 1982, said tanker rates for Very Large Crude Carriers were expected to average around $30,000 a day in 2009, down from $95,000 a day last year — a peak for the market.

SEA LINE GROUP
DILKAP CENTRE, 501, SAKINAKA - KURLA ROAD,
NEXT TO AAKRUTI RESIDENCY, SAKINAKA,
ANDHERI (EAST),MUMBAI-400072

Tel : +91-22-28505051 / 28505052 / 8655075186 / 8655012282
Email : roni@seajob.net
URL : www.seajob.net

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Target City : MUMBAI
Last Update : Jan 08, 2024 2:54 AM
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Item  Owner  : Roni Abraham
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