AsiaDry Cargo

IMC sells kamsarmax for $12.8m

The Tsao family controlled IMC has offloaded a 2012-built kamsarmax, according to broking sources.

Greek owner Kassian Maritime Navigation is paying $12.8m for the 81,622 dwt Grand Ocean.
Athens-based Kassian’s current fleet is made up of eight bulkers.

Kamsarmaxes have been among the most widely traded ships in the secondhand market this year.

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Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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