Great Harvest Maeta Group Holdings Limited (the “Group”) is principally engaged in chartering of the Group’s own vessels. Among the four vessels registered under the Group’s name, two panamax dry bulk vessels and one capesize dry bulk vessel, namely GH FORTUNE, GH POWER and GH RESOURCES, respectively, with an aggregate carrying capacity of about 275,138 dwt, are owned by the Group without subject to an finance lease arrangement, while the Group’s remaining panamax dry bulk vessel, namely GREAT HARVEST, with a carrying capacity of about 68,192 dwt, is currently under a finance lease arrangement and is expected to be delivered to the Independent Third Party purchaser in December 2013. The Group offers worldwide marine transportation services to its customers through chartering out its vessels for transportation of dry bulk cargoes. With its headquarters based in Hong Kong, all vessels of its fleet are registered under the laws and flag of Hong Kong. All of the Group’s vessels are hired out under time charterers for a contractual period of time, during which the Group is generally required to provide and pay for all provisions and fees of the crew, insurance of the vessels and repair and maintenance costs while the charterers shall bear the costs that are directly related to the voyages, such as bunker fees except as otherwise agrees, port charges and pilotages on charterers’ businesses and other usual expenses.
Star Sea Management Private Limited is providing exclusive Manning & Crewing Services for its Foreign and Indian shipping clients with equal tie-ups with Ship Owners,Ship Management Companies or Owner’s Representatives and Managers.