Low key player Shanghai CP International continues to add ships in various segments. This week the twelve-ship strong outfit emerged as the taker of a pair of multipurpose vessels, the 33,200 dwt San Marino Trader (built 2010) and the one year older Lisbon Trader. A price of $11m is reported for the first of the ships, while the slightly older vessel fetched $10.8m. The ships used to belong to German KG, Hermann Buss.
Brokers note that the San Marino Trader purchase appears firm, comparing the deal to the recent sale of a Lauritzen ship, the 2010-built Signe Bulker that fetched $ 9.6m, significantly less than the San Marino Trader.
VesselsValue’s fleet register lists Shanghai CP International, which also acts as a broker, as the taker of the 1997-built panamax, Ocean Long, a ship that has since changed hands and is now controlled by Xiamen ITG Shipping.