Hartmann Group takes resale LEG from CIMC Sinopacific

Hartmann Group takes resale LEG from CIMC Sinopacific

German owner Hartmann Group has acquired a resale liquid ethylene gas (LEG) carrier at CIMC Sinopacific Offshore.

Shipbroking sources said the 22,000 cu m vessel (hull 1030) was sold by the yard for a price of $45m.

The vessel was originally ordered by Odfjell Gas Carriers in 2014 as part of a four-ship order at a price of $50m each, before former Sinopacific Offshore yard went bankrupt along with the Sinopacific Shipbuilding Group in 2016.

Sinopacific Offshore completed restructuring with CIMC Enric in 2017 and has been renamed CIMC Sinopacific Offshore.

Hartmann owns a diversified fleet of nearly 90 vessels, including 14 LEG carriers.

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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