CTM revealed as MOL cape buyer

CTM revealed as MOL cape buyer

Monaco-based bulk giant CTM has emerged as the buyer of the MOL-controlled two-year-old Sampaguita Dream capesize. Brokers had been banding around a number of possible buyers, but Splash can today confirm CTM has paid $28m for the ship.

The Tsuneishi Cebu-built 180,000 dwt vessel has already changed name to True Dream.
Japan’s MOL has now sold three modern capesizes in quick succession.

CTM manages a fleet of around 80 bulkers. The company is also involved in a new venture, Capesize Chartering (CCL), which it formed at the beginning of the year with Bocimar, Golden Ocean and Star Bulk.

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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