Back in September 2017, Foremost Group exercised an option for two more 180,000 dwt bulkers at the yard set for delivery in 2019. 60 East 42nd Street We are proud of our reputation as a leading provider of vessels for the world's most prominent dry-bulk charterers, and this new ship will help feed the world. Foremost Maritime Company LLC, doing business as Foremost Group, is an American company that provides dry bulk shipping services worldwide. In 1964, after receiving his MBA, Chao founded Foremost Group, a shipping, trading and finance enterprise based in New York. Hello Command land, It gives me great pleasure to announce that the Assistant Fleet Commander for the Foremost Fleet this term will be the wonderful Melissa Aragon. Foremost Maritime Company LLC, doing business as Foremost Group, is an American company that provides dry bulk shipping services worldwide. Consistent with industry practice in which the overwhelming majority of dry bulk ships are built in Asia, the new ship was built by Oshima Shipyard in Nagasaki Prefecture, Japan. Foremost Group Chair and Chief Executive Officer Angela Chao commented, “This newest vessel is a great addition to our fleet of eco-friendly ships that transport major dry-bulk commodities around the world. Foremost Group has ordered four more 210,000 dwt bulk carriers at Chinese shipbuilder Shanghai Waigaoqiao Shipbuilding (SWS), a wholly-owned subsidiary of China CSSC Holding. Investing in diverse R&D programmes, often working in collaboration with other industry partners, has led to the development of numerous innovations that improve efficiency and lower fuel consumption and emissions during both construction and operation of our products, thus minimising the environmental […], Oldendorff Carriers moving forward with fleet renewal program, 17 crew members on board Oldendorff’s bulker infected with Coronavirus, Ulstein delivers two platform suppliers to COSL, Specification Engineer (Interior Outfitting), Foremost Group Orders Bulker Quartet at Shanghai Waigaoqiao, Penglai Zhongbai Jinglu Shipbuilding wins order for MR2 pair from Raffles Shipping, Scorpio sells two more bulkers amid switch to offshore wind, Scorpio sells non-scrubber-fitted bulker as it pursues offshore wind-focused strategy, Algoma takes delivery of Croatian-built self-unloading bulker. This newest eco-friendly post-Panamax ship will be immediately put in service for Bunge Limited (NYSE: BG), the ship’s charterer, which will deploy the ship to transport its dry-bulk cargoes to ports around the world according to its requirements. New York, NY 10165 The order from the New York-based ship management firm is said to be the first contract secured by the shipbuilder this year. The order from the New York-based ship management firm is said to be the … The ship is financed by First Commercial Bank of Taiwan. United States. The financial details of the order signed on January 31 have not been disclosed. The Company ships a variety of dry bulk products including grains, soybeans, iron ore, coal, and other similar products. Elaine Chao’s father and Sen. McConnell’s father-in-law James S.C. Chao, signed contracts with a subsidiary of the state-owned China State Shipbuilding Corporation (CSSC) for four bulk cargo ships in June and September 2017. Upon taking delivery of the latest addition to the company’s fleet, Foremost Group Chair and Chief Executive Officer Angela Chao commented, "This newest vessel is a great addition to our fleet of eco-friendly ships that transport major dry-bulk commodities around the world. It is financed by First Commercial Bank of Taiwan, whose preisdent, Grace Jeng, christened the ship. Since 2002, SWS has built over a dozen bulkers for the company. Foremost Group has ordered four more 210,000 dwt bulk carriers at Chinese shipbuilder Shanghai Waigaoqiao Shipbuilding (SWS), a wholly-owned subsidiary of China CSSC Holding. Foremost Group Fleet Expands with Delivery of Another Eco-Friendly Post-Panamax Bulk Carrier. The company is a return customer at SWS, as the shipping, trading and finance enterprise placed an order with the shipbuilder for two 180,000 dwt bulk carriers in June, 2017. Foremost Group Fleet Expands with Delivery of Another Eco-Friendly Post-Panamax Bulk Carrier. Singapore-based Raffles Shipping International has placed an order for the construction of two 50k d... Bulker owner and operator Scorpio Bulkers is pushing forward with the disposal of vessels as part of... Monaco-based ship owner and operator Scorpio Bulkers is selling one of its non-scrubber-fitted bulke... Canadian shipping company Algoma Central Corporation has taken delivery of the Algoma Intrepid, the ... We apply those same values to ever-increasing levels of sustainability in our products. Ms. Grace Jeng, President of First Commercial Bank of Taiwan, christened the ship. Company profile page for Foremost Groups Inc including stock price, company news, press releases, executives, board members, and contact information Suite 2212 This ship builds upon Foremost Group's tradition of operating a fleet of modern, environmentally-friendly ships built to the company's stringent specifications. Foremost Group, an American dry bulk shipping company, today announced that it has taken delivery of a new 85,004 metric tons deadweight post-Panamax bulk carrier, the M/V Ting May. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. The Chao family owns a shipping company called Foremost Group, based in New York, that has a sizable fleet of ships transporting dry bulk goods in Asia. Chao has led the global shipping industry in incorporating "greener," more environmentally friendly designs and technology into his company's fleet of new vessels, some of the world's largest bulk carriers. This is the latest ship to be built and delivered to Foremost Group by Oshima Shipyard. 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