Rare mini-cape deal concluded

Rare mini-cape deal concluded

Brokers tell Splash that Rainbow Maritime has sold the 115,400 dwt mini-capesize bulk carrier Grand Thalia for $16m to Ukraine’s Profy PP .

Clarkson Research’s latest weekly report noted that this is a rare deal as there have been a limited number of sales within the mini-cape sector this year.

Rainbow Maritime is a low profile Hong Kong shipowner.

This is the first move by Profy PP in 2019. Last year the five-ship strong Ukrainian bulker outfit bought the 93,000 dwt bulker Nadine Venture for $17.5m.

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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