H-Line Shipping of South Korea is back in the market, sniffing at capesize candidates. H-Line, who is among the biggest players in this segment in South Korea, has offered $16.3m and fixed terms for the 176,000 dwt Cape Aria from Cyprus’s Universal Tanker Management. The deal comes with a three-year time charter attached.
Splash understands that the ship still needs to be inspected after which H Line could lift subjects and close the deal, celebrating its first purchase in this segment for over a year.
Universal Tanker Management bought the Cape Aria as Maritime Power in May from Greek shipowner Phoenix Energy Navigation for $13.5m.
Latest shipbroking reports show fast growing H-Line has just ordered another pair of LNG-fuelled capes at Hyundai Samho for 2022 delivery.