Chartworld chases bulker trio

Chartworld chases bulker trio

Greece’s Chartworld has roared back into action with a trio of acquisitions, making the most of the bargain secondhand prices available.

The Greek owner has snapped up two modern ex-Hanjin mini-capes, the N Buchanan and N Odessa, for $13.2m each.

It has also tapped one of Japan’s key bulker sellers, Nisshin Shipping, to take an eight-year-old kamsarmax for $12m. The 82,123 dwt Epson Trader II shows clearly how prices for this Japanese-built ship type have jumped – up around 50% in the space of 12 months.

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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