Dry CargoEurope

Erasmus linked to Japanese handy bulker

Photo of Jason Jiang Jason JiangJuly 21, 2020
1,594 Less than a minute

Allied Shipbroking has named Erasmus Shipinvest as the buyer of 2015-built 34,500 dwt handy bulker Pegasus Ocean, sold by Mitsubishi Corporation’s MC Shipping.

While several brokers have reported the sale, Allied has identified the Athens-based dry bulk outfit, led by John Su, as the buyer taking over the Japanese-built bulker for a price of $13.5m, slightly higher than VesselsValue’s valuation of $12.9m.

Erasmus currently owns a fleet of eight bulkers, made up of five panamaxes, one ultramax and two handymaxes.

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Photo of Jason Jiang Jason JiangJuly 21, 2020
1,594 Less than a minute
Photo of Jason Jiang

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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