AsiaDry Cargo

Osaka Asahi sells first ship of the year

Bulk and container player Osaka Asahi has sold its first ship so for this year, saying goodbye to its only pure breed panmax vessel, the nine-year-old 74,000-dwt, Nord Pegasus.

The ship fetched $8.5m, half a million less than VesselsValue.com values the ship at. The sale leaves the low key company with around 12 ships of which about half are in the bulk segment and the rest are containers vessels.

Sources say Greek outfit, Spring Marine Bulk, is the taker of the Nord Pegasus. Spring Marine is listed in shiping database Equasis with three ships under its management, and as the owner of only one other ship that it snapped up in March, another Japanese controlled panamax, the one year older vessel, Nenita, formerly called Lowlands Camellia.

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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