Brokers report that four ships owned by Germany’s Konig & Cie, and managed by Mercator Navigation, have just been offloaded. Four of Konig’s oldest handysize tankers fetched a total price $45.3m, brokers note.
The same ships were reported sold for some $5m more en bloc at the beginning of February to Indian interests.
The ships sold are the three Hyundai Mipo-built, 37,000-dwt King Ernest and King Edward, built in 2004, and the similar sized King Everest, built in 2001, and the Guangzhou-built, 38,000-dwt King Emerald, built in 2004.
Last year the same outfit sold the 15-year-old, 37,300 dwt King Eric.
One report notes that the buyers are rumored to be private equity firm S1 Capital, something Splash was unable to verify.