The Denholm name is synonymous with the ownership and management of ships, which remain core activities of the Group.
Our fleet comprises three ships: two 38,000 deadweight tonne bulk carriers, 'MV Mountpark' and 'MV Glenpark', which were delivered in 2016 and 2017 respectively; and a 37,000 deadweight tonne bulk carrier, 'MV Wellpark', which was built in 2014. Our fleet, which sails under the British flag, is commercially managed by Denholm Coates in London and technically managed by Anglo-Eastern from Hong Kong.
Denholm also has an 11% interest in Hadley Shipping Group, which owns four bulk carriers, one container ship and four roll-on/roll-off ships (ROROs).
Denholm Coates is our shipbroking and commercial management business. It focusses on the international dry cargo market covering bulk carriers, multi-purpose vessels and heavy lift ships. Denholm Coates also provides a specialist service to move cable for the telecommunications industry.
The Denholm Group has a 26% shareholding in Anglo-Eastern, one of the world's leading ship management companies that technically manages over 630 ships from offices around the world.