Centrofin offloads older cape pair

Centrofin offloads older cape pair

Centrofin Management has sold a pair of older capesizes to another Greek owner. The CE-Duke and the CE-Alliance, both built in Japan in 2001, have been snapped up by NGM Energy for an en bloc price of $19m.

NGM is owned by the Moundreas family and has a history of trading older capes on the period market.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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