Mumbai-listed bulker specialist Chowgule Steamship has fetched around $16m for its youngest ship, a 34,900 dwt bulker, named Maratha Premier, sources tell Splash. Splash understands a company called M Maritime is behind the purchase of the Hakodate-built ship which was delivered just a couple of months ago.
, sources tell Splash. Splash understands a company called M Maritime is behind the purchase of the Hakodate-built ship which was delivered just a couple of months ago.The seller, Chowgule Steamship, has recently explored sales and purchases opportunities for its coastal and river trade business domestically.
Chowgule Steamship was established in 1963 and is a pure bulk player.
Chowgule Steamship is listed with five ships including the Maratha Premier in the Equasis fleet register and is a part of the much bigger conglomerate Chowgule Group of companies from Goa, India.
