Dry CargoGreater China

Ta-Tong Marine offloads its last kamsarmax

Taiwan’s family run Ta-Tong Marine has decided to sell its only kamsarmax, offloading the 83,000 dwt Golden Spring to Greece’s Unisea for $16.5m.

The conservative Asian owner sold two similar sized ships last year, as part of an ongoing fleet renewal plan. The ship will be Unisea’s first purchase of the year.

Earlier this year Ta-Tong Marine celebrated its fiftieth anniversary, with its largest ship order to date. With support from the Japan Bank of International Cooperation, Ta-Tong Marine ordered its first large ore carrier, a 241,000 dwt vessel for $60m with delivery in 2019 to service a long-term time charter to Mitsui OSK Lines (MOL).

Ta-Tong Marine owns six other bulkers, comprising five supramax bulk carriers and one baby cape, all built at Japanese yards.

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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