Dry CargoGreater China

KC Maritime in flurry of S&P activity

A week since Hong Kong’s KC Maritime shaved off two panamaxes from the bottom of its fleet list, the conservative owner remains active, and is now attempting to sell off ships much higher up in its fleet list.

Sources say the modern kamsarmax, the 81,900 dwt Darya Lok has found new takers for $14m, after inviting bids.

It seems a firm price for the four-year-old ship, higher than the market value VesselsValue.com gives the vessel.

One broker aware of the ship, but not the deal, says he believes KC Maritime is keen to sell one more kamsarmax, if the price is correct.

The bulker fetched $8m more that it fetched for the two 73,000 dwt sized bulkers, built at the start of the millennium, sold last week.

KC Maritime officials declined to confirm any deal when contacted by Splash. KC Maritime will be left with around 10 ships in the water, most less than five years of age. The identity of the buyers has yet to be revealed.


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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