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Download Newsletter 48 2011 - Towingline.com

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12 TH VOLUME, NO. <strong>48</strong> DATED 04 DECEMBER 2010<br />

currently being built in South Korea by SPP Plant & Shipbuilding Co Ltd. The investment is to be<br />

undertaken by Bulk Malta Ltd, a newly formed Maltese subsidiary <strong>com</strong>pany of the group. The first<br />

of these vessels is expected to be delivered in 2013 and the second will be due in early 2014. Both<br />

Panamaxes will be deployed to carry any type of dry cargo anywhere in the world. Bulk Malta Ltd<br />

will ultimately own and operate the said bulk carriers. (Source & Photo: Times of Malta)<br />

Advertisement<br />

HISTORICAL MEETING ON HIGH SEAS<br />

This watercolor made by Hans Breeman shows an historical meeting on highseas of two impressive<br />

ships, known in Dutch Maritime History. The largest "Zwarte Zee", the last one carrying this famous<br />

name as part of the fleet of Smit Internationale, meets the ss Rotterdam, largest historical Dutch<br />

passenger ship of the Dutch merchant navy in those days. www.hansbreeman.nl As of from<br />

2/24

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