Fortune Ocean finds buyer for four handies

Fortune Ocean finds buyer for four handies

Chinese bulker owner Fortune Ocean Shipping has finally found a buyer for its four 2015-built, 34,400 dwt handysize vessels, Xing Jing Hai, Xing Ning Hai, Xing Yuan Hai and Xing Zhi Hai.

The four Namura-built vessels were reported sold to undisclosed Greek interests for around $18.5m each in November last year, but that deal failed. Now broker sources tell Splash the ships have been tied up again, this time fetching $17.5 m each, cutting Fortune Ocean’s handysize fleet in two. The buyer has yet to be identified.

Fortune Ocean currently operates a fleet of 22 bulkers, with another two panamax newbuildings on order.

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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