COLI Schiffahrt & Transport has appointed Henning Mundt as managing director.

Mundt also joins Alain Akavi and Herbert Loesing on the extended board of directors for COLI Group

Jan Estner, meanwhile, joined COLI Bulk Carriers at the beginning of the year, responsible for the operation of its handysize fleet. Loesing noted: “Our bulk carrier business is getting increasingly interesting based on bulk and bottom cargoes in combination with project cargoes under and on deck.”

Over the past 12 months, COLI Bulk Carriers has become a shareholder in three handysize vessels. The group also recently invested in multipurpose assets: ABB Vanessa, which has been a fleet ship for several years, and CPC Carolina, which will join the roster by the end of August. “With that, our carriers’ activities as COLI Project Cargo and Asia Break Bulk (Singapore) will be further extended,” added Loesing.