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Asia Break Bulk and CSL Shipping Forge Strategic Partnership

Within the maritime industry, COLI Group’s subsidiary, Asia Break Bulk (Singapore), has recently inked a strategic partnership with CSL Shipping (China). The collaboration centers around the joint operation of the multipurpose carrier, ‘Jian Yang Hua Qing,’ boasting an impressive 500-ton loading capacity, equipped with 2 x 250 mt cranes tailored for efficiently handling breakbulk, heavy lift, and project cargo. The vessel is now actively serving both entities.

Felix Peinemann, Managing Director of the COLI Group, expressed enthusiasm about the partnership’s potential, stating, “This collaboration will expand our footprint in the MPP market. COLI is consistently broadening its activities to provide clients with more sailing options and to enhance its presence in the Chinese market.” Peinemann highlighted a recent fleet addition, the ‘MV ABB Victoria,’ an F240 type multipurpose carrier, as evidence of their commitment to diversifying capabilities, allowing for the handling of a more extensive range of cargoes and projects, now boasting a lifting capacity of up to 500 tonnes. Peinemann looks forward to a productive collaboration with CSL Shipping.

The joint operation of the vessel by MPP operator Asia Break Bulk and Shanghai-based CSL is anticipated to result in expanded market coverage within the MPP segment, enhancing availability for their global clientele. In a bid to offer clients increased flexibility, commercial inquiries can be seamlessly managed through CSL’s Shanghai office, ABB’s Singapore team, or COLI Group’s headquarters in Hamburg.

Jack Lee, Managing Director at CSL Group, emphasized the strategic significance of this partnership, stating, “This collaboration will fortify our global network, allowing us to provide enhanced services to our customers.” Lee highlighted that the commercial, operations, and engineering teams of both entities would work closely together to maintain the highest quality and standards for their joint clients. He considers this partnership a substantial milestone for CSL, marking a crucial step forward in their global presence.

The collaboration between Asia Break Bulk and CSL Shipping is expected to bring about mutual benefits, with both entities leveraging their strengths to strengthen market positions and offer superior services to their clientele. The emphasis on close cooperation between the two companies, spanning commercial, operational, and engineering aspects.

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