Dry CargoGreater China

Fenwick sells its oldest ship

Hong Kong owner Fenwick Shipping has offloaded its oldest ship. The low profile outfit sold the 16,900 dwt Ma Cho, built 1997, for some $1.6m.

The company declined to comment on the sale when contacted by Splash.

The conservative handysize specialist is owned by Antony Louis Marden and Oistein Harmens Thorsen.

The bulk player stayed loyal to its segment over the years focusing on operating a string of grab-fitted small handysize dry bulk carriers concentrating on the Asia and Oceania regions.

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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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