Denholm is a name synonymous with shipping and the Denholm Group has owned over 100 ships since the purchase of the sailing ship 'David Sinclair' in 1872. Today the shipping business is co-ordinated by Denholm Shipping Company Limited and comprises ship owning, commercial operations and technical management.
We invest in ships when we see opportunity, and divest when we believe that opportunity has been realised. Following a period of divestment as shipping markets peaked, our investments in ships today comprise full ownership of 'Mountpark' and 'Glenpark', two 38,000 DWT open hatch bulkcarriers built in 2016 and 2017 respectively. In addition, we have an 11% interest in Hadley Shipping Company, which owns two Panamax bulkcarriers, a 1,728 TEU containership and an 81,326 DWT Kamsarmax.
Our commercial operations comprise Denholm Coates, who are shipbrokers specialising in bulkcarrier, project and offshore cargoes, and Fairwind Shipping, who provide advice on shipping matters to banks and other financial institutions.
Our technical management activity comprises our 26% interest in Anglo Eastern, following their acquisition of Denholm Ship Management in 2002. Anglo Eastern are one of the world's leading ship management companies. They manage over 630 ships from their offices across Asia, Europe and North America.