P&P Shipping takes two handymax bulkers

P&P Shipping takes two handymax bulkers

Pireaus-based P&P Shipping has beaten off plenty of competition to seal two handymax bulker deals.

The company trumped 11 other bidders at an auction in Singapore to buy the six-year-old Chinese built Trident Challenger for $8.6m, according to Clarksons Research.

P&P also paid Germany’s Bremer Bereederungsgesellschaft just over $9m for the five-year-old Chinese built Amethyst.

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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