Courtney Fynn signs contracts for 4 x 6000 Dwt Bitumen Tankers

07/06/07

Courtney Fynn has bought 4 x 6000 Dwt Bitumen Tanker resales from Hong Guang Investment Limited. Chris Bonehill was quoted as saying "The bitumen market is another sector that Courtney Fynn is making a key part of its investment strategy in niche over looked under-built sectors".

Courtney Fynn signs contracts for 2 option 2 6000 Dwt Bitumen Tankers

22/05/07

Courtney Fynn has signed contracts for 2 option 2 6000 Dwt Bitumen Tankers. Chris Bonehill was quoted as saying "The bitumen market is a sector of the tanker market that is so outdated it represents a unique opportunity for Courtney Fynn, with over 57% of bitumen tankers over 20 years old and the International Maritime Organisation unable to legislate for mandatory phase out of these vessels without grinding the industry to a halt".

Courtney Fynn arranged financing agreement with HBOS for 4 x 16,500 Dwt IMO II Chemical Tankers

09/05/07

Courtney Fynn has entered into a loan agreement with Halifax Bank of Scotland for 4 x 16,500 DWT IMO II Chemical Bunker Tankers. "Courtney Fynn is proud to be associated with HBOS who are an extremely competitive key shipping bank." Chris Bonehill was quoted as saying.

Courtney Fynn exercises all 10 options on its 6200 Dwt Bunker Tankers

12/01/07

Courtney Fynn has exercised its options with Zhejian Fanshun Shipbuilding Co.,Ltd, for all 10 x 6200 DWT Bunker Tankers. Chris Bonehill of Courtney Fynn was quoted as saying "We feel that these options represent excellent value and form part of our overall strategy to be one of the major shipping providers to the bunker tanker industry". The first vessel is due for delivery in January 2009.

Courtney Fynn arranges financing agreement with RBS for 5 bunker tankers

20/12/06

Courtney Fynn has entered into a loan agreement with Royal Bank of Scotland for 5 x 6200 DWT Bunker Tankers. "RBS have provided us with great support of the years and we are pleased to have such a key shipping bank financing this deal." Chris Bonehill was quoted as saying.

Courtney Fynn signs contracts for 4 option 4 16,500 Dwt IMO II Chemical Tankers

20/12/06

On December 14th 2006, Courtney Fynn signed contracts with Zhejiang Jingang Shipbuilding Co.Ltd for 4 option 4 x 16,500 DWT IMO II Chemical Tankers. Chris Bonehill of Courtney Fynn was quoted as saying "We are delighted to be working with Mr Liu's Zhejiang Jingang Shipbuilding Co.Ltd as it is run so meticulously it has been an absolute pleasure". The first vessel is due for delivery in May 2009 and then every five months thereafter.

Courtney Fynn signs contracts for 5 option 10 6200 Dwt Bunker Tankers

15/09/06

Courtney Fynn is pleased to announce that it has signed contracts for 5 option 10 x 6200 DWT Bunker Tankers with Zhejian Fanshun Shipbuilding Co.,Ltd, Wenzhou City, China. "We audited dozens of Shipyards to find the right partner to build these vessels and have every confidence that Fanshun is the right partner for Courtney Fynn" commented Chris Bonehill, Courtney Fynn.