Atlantska Plovidba sells panamax bulker to Oldendorff

Atlantska Plovidba sells panamax bulker to Oldendorff

Croatian shipping company Atlantska Plovidba has announced that it has sold its 1995-built 75,500 dwt panamax bulk carrier City of Dubrovnik and delivered the vessel to the new owner at Port of Eemshaven in Netherlands.

Splash understands that the ship was sold to German owner Oldenforff Carriers for a price of $10m and ship has been chartered back to Atlantska under a five-year bareboat charter arrangement. MSI values the ship at $4.9m.

Atlantska currently owns a fleet of 13 bulk carriers.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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