Dry CargoEurope

Sterling Shipping buys kamsarmax bulker from Lorentzens Skibs

Norwegian owner Sterling Shipping has purchased the 2010-built kamsarmax bulk carrier Eclipse from compatriot Lorentzens Skibs.

Brokers report the Malta-incorporated firm has snapped up the 79,500 dwt vessel for a price of $16.75m, higher than VesselsValue’s estimate of $15.52m.

Established in 2018, Sterling was launched by Norwegian duo Christopher Fjeld and Markus Reitan. 

Sterling’s first vessel acquisition was the 2013-built kamsarmax BW Hazel from BW Dry Cargo, rechristened as Sterling Svea, for $21.75m in October 2019.

Adis Ajdin

Adis is an experienced news reporter with a background in finance, media and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of International Federation of Journalists. Previously he had written for Navingo media group titles including Offshore Energy, Subsea World News and Marine Energy.
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