Dry CargoEurope

Rimorchiatori Riuniti takes Japanese kamsarmax

Rimorchiatori Riuniti is to bolster its presence in the dry bulk industry with the purchase of the kamsarmax bulk carrier NCS Beijing from Japan’s Mi Das Line for a price of $14.7m.

Gregorio Gavarone, CEO of the Genoa-based shipping group, told Splash: “The ship is modern and in good condition”. Gavarone added: “We think that dry bulk shipping market has a good chance to experience a recovery in the mid-to-short term.”

The last purchase inked by Rimorchiatori Riuniti in dry bulk dates back to mid-2015 when the group bought the 2011-built kamsarmax bulk carrier renamed RR Australia for $19m.

A few days ago the group headed by the Gavarone and Delle Piane families also offloaded the 15-year-old containership RR Europa for a price of around $2.8m. According to a report from GMS this ship will be bound for India and destined for scrap.

Nicola Capuzzo

Nicola is a highly qualified journalist focused on transport economics, logistics and shipping with broad experience in both online and printed media. Specialties: shipping, ship finance, banking, commodities and port economics. He regularly interviews Europe's top shipowner executives for Maritime CEO magazine.
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