Chile’s Ultranav is busy in the sales and purchase market. This week multiple brokers tell Splash that the 2015-built, 38,000 dwt Ultra Tolhuaca has been sold for for $24.6m. Brokers report that more than a handful of owners showed interest in the ship.
A number of broking reports link fast-growing UK-based outfit Dao Shipping to the deal. 13-ship strong bulker player, Dao, an affiliate of Ray Car Carriers, entered the handy segment last summer. Since then it has added two same-aged Oshima-built sister ships from Japan’s Orkix Corp. If the latest deal is confirmed, Dao will have added three Oshima-built handies since June, in addition to a semi-modern Chinese-built ultramax.
This marks the second bulker sold within a year by Von Appen family-controlled Ultranav. The last sale was to Hong Kong-based, Indian owner Chellaram who added the same sized, four-year-old Ultra Calbuco for $23.5m.