Nicholas Wirth’s Doris Maritime Services has placed its fleet of four ultramaxes up for sale.
Brokers are circulating the only four vessels in the company’s fleet, 2015-built ultramaxes Naess Absolute, Naess Courageous, Naess Endurence and Naess Intrepid. The vessels, built at China’s Cosco Shipping Heavy Industry, are worth between $17.1m and $17.4m each according to VesselsValue.
Doris ordered the ships in October 2013, at a time the vessels were worth around $27m each.
The company has been reducing its fleet over the past few years, selling 2013-built handysize bulker Perseverance last year and 2002-built handysize Antonia in 2016, as well as offloading 2004-built feedermax boxship Canopus in 2017. It also scrapped 1999-built handysize containerships Otto and Karin in 2017 and 2016 respectively.