Dry cargo
Belships holds a 50% stake in Elkem Chartering (EC), which has interests in both the handysize and supramax dry cargo. EC operates in average 20 - 25 vessels. Belships purchased in 2007 five newbuilding contracts from Yangzhou Dayang Shipyard in China to be delivered in 2009, 2010 and 2011.
Belships has chartered in a panmax bulker until 2011 with two optional years. Belships also has an option to purchase the vessel.
The handysize/supramax fleet transports mainly semi-finished goods for industry, and operates worldwide. The panmax fleet transports mainly raw materials such as coal, ore and grain, and operates worldwide.

Handysize product tank
In 2007 Belships chartered a 48 000 dwt product tanker for 7 years with 3 optional years. Belships also has an option to purchase the vessel. The product tanker fleet transports refined petroleum products and vegetable oils, mainly between the industrialised nations.

Ship management
Belships has a substantial ship management operation in the form of Belships Management in Singapore and Oslo. The companies undertake the technical/maritime management of both Belships’ own and other companies’ vessels. Belships holds a 50% stake in SNC Management Co. Ltd (Shanghai) which offers manning of ships with Chinese crew. Belships has also established joint ventures in Manila, Tianjin (China) and a represantation office in Myanmar.