Azernews.Az

Wednesday April 2 2025

ASCO acquires news "Handysize" vessel to expand operations beyond Caspian Sea

12 October 2024 17:15 (UTC+04:00)
ASCO acquires news "Handysize" vessel to expand operations beyond Caspian Sea
Akbar Novruz
Akbar Novruz
Read more

Azerbaijan Caspian Shipping Closed Joint-Stock Company (ASCO) has purchased a second "Handysize" dry cargo ship, named Murovdag, to enhance its international shipping activities, according to Azernews.

This follows the acquisition of its first Handysize vessel, Khojaly, earlier this year in May.

The purchase was financed through proceeds from bonds issued by ASCO, underscoring the company's commitment to expanding its fleet. Like Khojaly, Murovdag has a deadweight of 38,000 tons, with a length of 179.9 meters, a width of 30 meters, and a side height of 15 meters. Its shallow draft of 10.47 meters allows it to access a variety of shallow water ports, adding operational versatility. Additionally, the vessel can reach a maximum speed of 15.7 knots.

Built in Japan in 2020, Murovdag adheres to international environmental standards, boasts fuel efficiency, and is equipped with advanced safety systems. With its unlimited operational range, the ship's maiden voyage will begin from China, transporting cargo to Ecuador and then to Colombia, where it is expected to arrive in December.

---

Follow us on Twitter @AzerNewsAz

Here we are to serve you with news right now. It does not cost much, but worth your attention.

Choose to support open, independent, quality journalism and subscribe on a monthly basis.

By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.

Subscribe

You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper

Thank you!

Loading...
Latest See more