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Hartmann, CSL Join Forces on Newbuild Project

  • Business & Finance

The CSL Group and Hartmann Family have formed a 50/50 joint venture to build and operate a 40,000 dwt gravity self-unloading vessel to trade in Europe.

As informed, the new ship will be built at Chengxi Shipyard in China and is scheduled for delivery in Germany in 2020.

It will service Mibau Stema Group on a long-term charter.

With a length of 190 meters and a width of 29 meters, the newbuild will have a speed of 14 knots.

The joint venture represents an expansion of existing activities in Europe for both Hartmann and CSL.

Hartmann Family is the owner of a fleet of belt self-unloading ships that are chartered to Mibau Stema Group. Mibau Stema Group, a joint venture of Heidelberg Cement AG and Hartmann Family, is a supplier of exported aggregates for the construction building industry in Europe.

The CSL Group owns and operates a fleet of specialized self-unloading vessels, off-shore transshippers and bulk carriers.

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