Profile

Shipowning remains the center of our business. Currently Parakou controls a young fleet of 40 vessels with a total deadweight of more than 2,000,000 dwt tons . These include panamax, handymax and handy bulk carriers, product oil and chemical tankers.

Parakou has earned a good reputation in shipfinance and enjoys a healthy and sound financial position, which is based on stable charter hire income, surplus in cash flow, punctual mortgage repayment, reasonable profits and substantial growth in net assets. So far, the aggregated amount of ship finance transactions has exceeded US$800million .

Being accredited with ISM/DOC and ISO9002 standard since 1996, our Ship management team takes constant good care for vessels from our own fleet and for other shipowners. With numerous seafaring experience, our ex-captains, officers, and marine engineers work closely together rendering good support and assistance to shipmasters taking charge of our vessels abroad.

Human resources are the most valuable assets of the Group. Only with professional and well experienced crew, the safe operation and value of the ship can be safeguarded. The Group invests to ensure the supply of quality shipboard personnel from different nationalities including China, Philippines and India.