CarVal offloads handy pair

CarVal offloads handy pair

Sources tell Splash that US-based CarVal Investors has decided to offload its last two fully-owned handysize vessels, getting rid of two modern bulkers, the 35,000 dwt Summit and sister ship Alpine, both built in 2015. Russia’s White Lakes is understood to have bought the ships.

Data from VesselsValue shows CarVal will be left with one similar aged handy bulker that it owns in a joint venture with Campbell Shipping.

CarVal Investors was founded in 1987 by Cargill. It has been a very active buyer and seller of ships in recent years with VesselsValue showing it has sold 25 ships and bought 19 vessels since 2013.

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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