Commodities trader Sucres et Denrees (Sucden) has made its first move into shipowning with the purchase of four handysize bulkers from Hamburg Bulk Carriers (HBC).
The Paris-headquartered company has acquired the last in a series of 10 handysize newbuildings of 43,500 dwt ordered in the second half of 2012 at China’s Qingshan Shipyard.
Sucden, a privately owned company run by Serge Varsano, is scheduled to this month take delivery of its first vessel, the 43,500-dwt Boreas Venture (built 2016), with delivery of the three remaining ships at intervals through to next year.
