Orient Shipping bags handy

Orient Shipping bags handy

A low-key handysize and handymax dry expert is linked to the purchase of the 2013-built, 33,328 dwt PPS Ambition from Japanese interests.

Sources tell Splash that Orient Shipping has paid in the region of $15.5m for the ship. This is the second time the ship was reported sold this year. VesselsValue’s sales register shows that the ship was registered fixed, then failed, for $14.7m in mid-January, almost a million less than it has been reported sold for now.

Orient Shipping Rotterdam was established in 1982 under the wings of the Van Weelde Shipping Group. The outfit has spread its risk also outside its preferred size, the handysize and handymax segment and is also regularly involved in activities and operations within the smaller sub-15,000 dwt bulkers as well as supramax and panamax segments, its site says.

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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