Dry Cargo

Cape sales proliferate

Capesize sales are proliferating this month. One of many sellers is Taiwan’s prominent industrial player, Formosa Plastics Group, who has let go of one of its three scrubber-fitted baby capes from Dalian Shipbuilding, the 2011-built, 104,000 dwt FPMC B 103. The ship is reported sold for $24.85m to Landseadoor Shipping, an Indonesian owner which already has two panamaxes and a post-panamax in its domestic-focused fleet.

Sales talk also surrounds the 2004-built vintage cape sold by Malaysia’s Prima Shipmanagement with reports that the 18-year-old Japanese-built Tasik Melati has been let go for around $16m.

Other sales that have come to light include two 170,000 dwt, Hyundai-built ships named Olympius and Victorius, which have changed hands to undisclosed UAE-based buyers.

Among other confirmed cape deals NASDAQ-listed Greek owner Seanergy Maritime released a statement on Friday with news that the 2010-built Knightship and Lordship were sold to unaffiliated third parties in Japan and chartered back.

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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