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 worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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