Kambara Kisen sells post panamax bulker to U-Ming

Kambara Kisen sells post panamax bulker to U-Ming

Kambara Kisen continues its large fleet sell off. It has found a buyer for the eight-year-old post-panamax bulker Ten Jo Maru, with Taiwan’s U-Ming paying in the region of $19m for the ship, according to broking sources.

The ship was built at Kambara Kisen’s Chinese yard, Tsuneishi Zhousan.

Kambara Kisen has been one of the most active sellers this year, the Ten Jo Maru being its fifth ship sold so far.

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.

Related Posts