Dry CargoGreater China

Guoyu Shipping exits shipowning with supramax sales

Sources tell Splash that two popular supramaxes have successfully been offloaded by low-key Chinese firm, Guoyu Shipping.

The 57-000 dwt sized bulkers have gone to an European buyer for around $14m en bloc, after being circulated for the first time some some weeks back.

Hong Kong-based Guoyu Shipping is a part of the much larger Wuhan Guoyu Logistic group who also is behind Yangzhou Guoyu Shipbuilding, where the ships where built.

The two four-year-old sister ships, named Oriental Explorer and Oriental Phoenix, are the last owned ships on Guoyu Shipping’s books.

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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