Louis Dreyfus linked to rare bulker purchase

Louis Dreyfus linked to rare bulker purchase

Brokers tell Splash that shy French charactering giant Louis Dreyfus has added the 57,000 dwt Shropshire for a price of $9.3m from Bibby Line. Currently the outfit has three capes in the bulker segment.

Louis Dreyfus repeatedly makes headlines for its period deals and has never made a decision to put too many eggs in the shipowning basket, despite its many decades in shipping. Its last move in the bulker owning sector was some years ago when it sold a single cape, the 171,900 dwt Pierre LD.

A few weeks ago the CEO and CFO of the commodity trader resigned.

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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