E91 - Courage Marine Group Limited

Courage Marine Group Limited1 is a younger dry bulk shipping company. The Company owns and operates 10 bulk carriers, deployed around Greater China, Japan, Russia, Vietnam, Indonesia, Bangladesh, and elsewhere in Asia. The vessels, totaling 455,463 deadweight tons, transport dry bulk commodities, such as coal, cement, clinker, iron ore, minerals and wood chips. The principal activity of Courage Marine Group Limited2 include investment holding.

Its fleet consists of five Handysize, two Handymax size and three Panamax dry bulk carriers, with total tonnage of approximately 455,463 deadweight tons (dwt). In April 2006, it acquired MV Ulysses II, a secondhand handymax vessel with 41,538 dwt. MV Ulysses II was subsequently renamed as MV Heroic. During the year ended December 31, 2006, it disposed MV New Hope II.



Industry Water Transport/Shipping
Address Suite 906, Wing On Centre 111 Connaught Road Central Hong Kong Singapore
Phone 6585231840755
Fax 6585231840750
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