AsiaDry Cargo

Tan Binh snaps up one more

One of the biggest takers of 2000-built Japanese handies in 2015 is back picking up more ships on the cheap. The active Vietnamese owner, Tan Binh, is being linked to the purchase of the Kanda-built, 32,000-dwt bulker Angel Jupiter from Sanko Steamship of Japan.

Numerous broker reports say the outfit paid $5m for the Angel Jupiter. An official from the chartering department of the company claimed he didn’t know about the acquisition when contacted by Splash.

In 2015 the company took over a handful of ships in the secondhand market taking many by surprise by its aggressive expansion. The company is said to take ships waiving inspections, comment one broker on a previous purchase. The privately own outfit also snapped to and three ships in 2013 and 2014.


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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