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Global United sells elderly panamax to Greece’s Ilios

Global United sells elderly panamax to Greece’s Ilios

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Bulker player Global United, a Singapore subsidiary of India’s Synergy, has sold off one of its three vintage panamaxes for a firm $6.5m, a price $400,00 more than what pricing portal VesselsValue has set for the ship.

Sources say the Tsuneishi-built, 73,000 dwt Sanvi has gone to the Greek outfit, Ilios Shipping, another vintage bulker specialist who is only trading with classic panamax sized ships.

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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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