The Tribune

CONTRACTS have been signed for the construction of two new ships that will be operated and managed by the Campbell Shipping Company.

On April 8, 2014, Jola Shipping Company Limited and Jenna Shipping Company Limited, entered into contracts with Imabari Shipyard of Japan and Itochu for the construction of two ships which are to be built in Japan and delivered in 2016 and 2017. The ships will be named C/S Jola and C/S Jenna.

The contracts were signed by Dario Lundy-Mortimer, representing the Campbell Group of Companies, Kiyoshi Higaki of Imabari Shipbuilding Co and Tatsuo Imamura of Itochu Corporation.

The contract for C/S Jola and C/S Jenna were signed at Sapodilla Restaurant off West Bay Street in the presence of Governor General Sir Arthur and Lady Foulkes.

The Campbell Group of Companies said they were pleased to continue this very important relationship with Imabari Shipbuilding Co Ltd, Itochu Corporation of Japan and Galbraiths’ Ltd of London.

The Campbell Group of Companies is headquartered in Nassau and operates 17 dry bulk vessels in the Handy Segment. The group has 41 employees on its shore side operations and approximately 400 on board vessels at sea.

Imabari Shipbuilding Co Ltd is one of the largest shipbuilding companies in the world. Itochu Corporation is a very large and influential trading company which is engaged, among other matters with investments in Japan as well as overseas.

Galbraiths’ Ltd is one of the longest established and most respected shipbroking companies in the world.

Kiyoshi Higaki, managing director, and Yoshihiro Nagaoka, of Imabari, were present for the signing of the shipbuilding contract for the C/S Jola and C/S Jenna.

Itochu Corporation was represented by Mr Tatsuo Imamura, general manager and Mr Hirokazu Fujimoto, manager.

Neil Rokison and Edward Royle were present on behalf of Galbraiths’ Ltd.

The C/S Jola and C/S Jenna, when constructed, will be approximately 38,000 dead weight tons.