The Netherlands-headquartered Breadbox Shipping Lines is renewing its fleet and has placed orders for newbuild tonnage.
The Breadbox fleet comprises a blend of owned and chartered tonnage. With some of those vessels approaching the end of their lifespan, ceo Joris Jan Bakker said the company has brought in newer time-chartered vessels and embarked on a newbuilding programme.
Earlier in 2024, Breadbox sold its fully owned 1991-built, 3,200 dwt vessel Xerus. Two vessels under long-term time charter, Falcon (1991-built, 4,100 dwt) and Hyrax (built 1986, 4,500 dwt), were redelivered to their owners this year having served in the Breadbox Inter Africa fleet for many years.
Bakker added that Breadbox has strengthened its strategic partnership with Turkish shipowner Aykop, integrating much of Aykop’s X-fleet into its own These vessels, built between 2006 and 2012, will replace vessel that have aged out. Additionally, Breadbox sold the 8,000 dwt geared multipurpose vessel Warthog to Aykop to then charter it back for three years.
Breadbox and Aykop will jointly construct four 3,800 dwt coasters at a Chinese shipyard, with deliveries commencing in late 2025. These will be Tier III compliant, carry an EU green passport, and will be built under RINA classification.
In June 2024, Breadbox opened an office in Cyprus that manages the carrier’s commercial activities from the Mediterranean to West, South and East Africa.