Dry CargoEurope

Doris Maritime clears out fleet

Nicholas Wirth’s Doris Maritime Services has sold the last four ultramax bulkers in its fleet to Chinese leasing house CDB Leasing.

According to shipbroking sources, the company sold the four 2015  Cosco Yangzhou-built sister ships Naess Absolute, Naess Courageous, Naess Endurence and Naess Intrepid to CDB Leasing for an enbloc price of $75m. MSI values the quartet at $71.6m.

Following the completion of the transaction, the company’s owned fleet will be cleared out.

The company has been reducing its fleet over the past few years, selling 2013-built handysize bulker Perseverance last year and 2002-built handysize Antonia in 2016, as well as offloading 2004-built feedermax boxship Canopus in 2017. It also scrapped 1999-built handysize containerships Otto and Karin in 2017 and 2016 respectively.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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