The Saverys family-controlled bulker arm, Bocimar, is taking advantage of aggressive bidding in the bulker segment as large sizes remain popular among cash-rich owners.
This week, the outfit has sold two 205,000 dwt, 12-year-old newcastlemaxes, the Mineral Charlie and Mineral Maureen. Brokers added a sale tag of $81.6m to the deal, the highest price achieved this year for this age and sized ship. The sale is part of Bocimar’s ongoing fleet renewal program. The Agila Subic Shipyard-built ships will be replaced as the family awaits a string of 210,000 dwt newbuildings, all with ammonia-fuelled engines (pictured).
Bocimar started the year offloading a modern newcastlemax to Winning Shipping, who had to pay some $55m for the three-year-old 206,000 dwt Mineral Qingdao. The latest sale was the tenth cape sale since January 2023.
