Delivery of new Kamsarmax vessel
NewLead Holdings Ltd., Piräus, an international, vertically integrated mixed fleet shipping company, announced that the new geared Kamsarmax vessel "Newlead Tomi" of 79,224 dwt was delivered from Cosco Dalian Shipyard Co. to NewLead's owned fleet.
The "Newlead Tomi" is one of the two geared vessels that NewLead is building at Cosco Dalian Shipyard Co. The second Kamsarmax vessel is expected to be delivered in the fourth quarter of 2011.