Interlink Maritime buys its first secondhand handy

Interlink Maritime buys its first secondhand handy

Carlyle Group-backed Interlink Maritime has emerged as the buyer of a handsize, a deal done under the radar some months back, adding the eight-year-old Glory Mercy, renamed Interlink Comity, for just over $9m.

This is the first secondhand purchase done by the shy handysize specialist, who by comparison has a newbuilding history of 25 vessels in the same segment, and has only done one deal as a seller, back in February, selling five ships to Ocean Yield.

The latest ship to join the Interlink Maritime fleet has a story to tell.The vessel used to belong to the Chinese outfit Glory Wealth who went bust a few years ago. Sources tell Splash that the ship was sold by the former boss of the company who still owns some ships under separate companies. Glory Wealth was a major chartering force in China since its founding in 2000.

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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