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DryLog takes supramax pair

DryLog takes supramax pair

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Monaco-based DryLog is linked by multiple broking sources to the sale of two five-year old supramaxes.

DryLog is thought to have paid $17.5m per ship for the Orient Orchid and Orient Jasmine, two vessels that were controlled by Singapore-based OMC Shipping, a wholly-owned subsidiary of Japanese trading house Mitsui.

OMC, like many large Japanese owners, has been busy this year offloading a significant portion of its fleet, both wet and dry.

 

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Hans Thaulow

Hans Henrik Thaulow is an Oslo-based journalist who has been covering the shipping industry for the last 15 years. As well as some work for the Informa Group, Hans was the China correspondent for TradeWinds. He also contributes to Maritime CEO magazine. Hans’ shipping background extends to working as a shipbroker trainee with Simpson, Spence & Young in Hong Kong.

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