Middle EastTankers

Marshal Shipping linked to Valles aframax

Dubai-based Marshal Shipping has added a second aframax to its fleet according to broking sources.

Seasure Shipbroking is reporting that Marshal has forked out $14.2m to Hong Kong’s Valles Steamship for the 2002-built 107,100dwt Seanostrum. Advanced Shipping is also reporting the Imabari-built vessel as sold, although only identified the buyer as from the UAE.

VesselsValue put the market value of the ship at $13.5m, and if confirmed will be the second aframax in the Marshal fleet. The company acquired the 1999-built Hildegaard (now Seine) in February from Lundqvist Rederierna.

Marshal Shipping also owns three containerships and three product tankers according to VesselsValue.


Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.
Back to top button