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Golden Union seals Royal Accord deal

Theodore Veniamis, the president of the Union of Greek Shipowners, has snapped up his second cape in 2020, tabling just over $18m for the 11-year-old, 180,000 dwt Royal Accord, sources tell Splash. The ship has been sold by Japanese owner Tokei Kaiun.

Theodore Veniamis and his bulker outfit, Golden Union, is one of many prominent capesize owners who has decided that now is the time to buy more tonnage as freight rates snap above $30,000 a day.

Earlier this week Splash revealed that Eyal Ofer-led Zodiac Maritime, added a capesize bulker from Italy’s Bottiglieri and that Berge Bulk was linked to another Chinese-built cape purchase.

VesselsValue’s sales register lists eight capes reported sold in the last five weeks.

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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