Carisbrooke Shipping Ltd Welcomes Eight Modern General Cargo Vessels

Carisbrooke Shipping recently welcomed the following eight modern, high quality 8000 dwt
general cargo vessels to their commercially-managed fleet, now in excess of 60 vessels (5-19kdwt), and with 31 of those vessels in the 6800-8500 dwt size bracket.

TIP OSLO
TIP COPENHAGEN
TIP HELSINKI
TIP BREMEN
TIP STOCKHOLM
TIP LEER
TIP EMDEN
CREMONA

Built 2003-2005, with the TIP fleet offering ICE Class 1A flexibility, and an overall balanced mix
of both single & tween-deck, geared & gearless vessels, Carisbrooke Shipping believe these new
additions will both complement and enhance their existing fleet portfolio and thus offer customers
enhanced value.

These additional vessels have been developed in partnership with German & Norwegian Owners,
and according to James McConachie, Chartering Director at Carisbrooke Shipping, this is very
much part of a drive to both add value, and consolidate a fragmented market.
"All of these vessels involve a strong co-operation element, and in this regard, we are absolutely
delighted to be an integral part of both Liberty One and Solmunde & Partners’ plans for the future,
and believe our shared views of excellence in ship management, aligned with quality, modern
tonnage provision, and a mutual understanding based on co-operation, integrity, humility and
professionalism, will result in an exceptional end product.

It is no secret that both bulk & MPP shipping sectors continue to face challenging markets. Our
segments have, if anything, become even more fragmented in recent years, and a degree
of strategic tonnage consolidation is very much welcomed to maintain freight discipline, and to
ensure successful and sustainable trading models.

Every market cycle has its own trials and tribulations, and this one is certainly no
different. Yet they also harbour opportunities for those who are patient, passionate and remain
flexible to new trading patterns. We, at Carisbrooke Shipping do see a sustainable future for
quality shipping within our sectors and are proud, through these partnerships, to re-assert our
commitment to the short-sea, geared mini-bulk and MPP markets. These additional vessels fit
extremely well both within our existing fleet portfolio and trading models, yet at the same time will
further enhance the overall service we offer to all our customers - both on the cargo and ownership
sides.