Dry CargoEurope

FreeSeas offloads handysize vessel

Greek owner FreeSeas has sold 1998-built handysize bulker Free Maverick to unrelated third parties for a price of $1.925m.

The vessel’s mortgage has now been discharged.

It is the third vessel FreeSeas has sold in the past three months. In June, it has sold two aged vessels to an undisclosed party.

FreeSeas now operates just two handysize vessels while also owning a controlling stake in Standcorp International, a company commercially operating tankers.


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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