Hartmann, CSL Join Forces on Newbuild Project

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.

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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.