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NYK offloads ore carrier

Nippon Yusen Kaisha (NYK) has offloaded a 12-year-old ore carrier to Samos Steamship. Samos is paying in the high $12ms for the 229,186 dwt, Namura-built G Pegasus. The ship has been with the NYK group since it was delivered.

NYK has recently indicated it will set about pruning its dry bulk fleet of older tonnage in a bid to secure better time charter deals.

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Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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