June 9 - Dania Marine, and its Danish bank, have transferred the commercial management of Thor Venture into the supervision of Ukrainian-based Varamar Ltd, representing White Whale Shipping, changing the ship's name to Venture Whale.
Varamar, the fast-growing Ukrainian shipping company, says that it has already expanded its service to Asia, the Middle East, Africa, Europe, and South America, with its strongest service being a liner service between ports in the Mediterranean, Black Sea, Red Sea, Middle East Gulf, Indian and Pacific oceans.
The company believes that: "after a series of bankruptcies in the European shipping industry, this may represent a new trend for more cost effective, aggressive and business-hungry operators in order to diversify their exposure to today's fragile shipping market."
