Star Bulk offloads ageing capesize

Star Bulk offloads ageing capesize

Athens: Drybulk giant Star Bulk Carriers has sold ageing capesize Star Mega (170,631 dwt, built 1994) to an unnamed party.

The company said the vessel was delivered to buyers yesterday with the bulker, formerly named Megalodon, expected to be scrapped.

Lowlands Beilun (170,162 dwt, built 1999) is now the oldest capesize vessel in the Star Bulk’s fleet. It is currently on time charter to a major utility company until August.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

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