Dry CargoEurope

Golden Ocean offloads panamax bulker

John Fredriksen’s bulker outfit Golden Ocean has sold its 2007-built 76,900 dwt panamax bulker Golden Shea according to brokers.

Multiple shipbroking houses reported the sale of the vessel to Chinese buyers, while Allied Shipbroking identified the buyer as Xiamen-based Xin Lu Yang Shipping.

The Japanese-built vessel has fetched a price of $9.8m in line with VesselsValue‘s valuation on the vessel of $9.74m.

VesselsValue data shows Xin Lu Yang Shipping currently owns a fleet of three panamax bulkers.

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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