Hong Kong owners rush for more Japanese hulls

Hong Kong owners rush for more Japanese hulls

This week broker reports have been filled with Japanese built handies going to unidentified Hong Kong owners, and only one taker is identified. Sources say that the tradition bulker owner Ocean Longevity has snapped up one ship, the seven-year old 33,000 dwt Global Horizon for $11m from Fairmont Shipping.

Ocean Longevity has been busy in the market all year snapping up secondhand Japanese-built tonnage. It has added two panamax bulkers ships to its 24-strong fleet list while on the newbuilding side it has inked three panamax contracts at two Japanese shipyards.

In a separate sale Clipper Group is listed selling two similar aged ships, the 32,353 dwt Clipper Selo and Clipper Panorama to Hong Kong-based buyers. These ships fetched $10.1m each.

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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