Pacific Basin buys first ship since 2015

Pacific Basin buys first ship since 2015

After a week of intense competition and bidding for the United Prestige kamsarmax owned by troubled Japanese owners United Ocean it has just been revealed in broker reports that United Ocean’s trustees have simultaneously sold a seven year old handy called Ocean Harmony for $9.6m.

The sale is significant as its Hong Kong-based handy specialist Pacific Basin Shipping who is tipped as the taker of the ship, ending 18 months of purchase drought for the listed outfit. Pacific Basin has close to 100 ships in its fleet list.

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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