Three RBD Armatori ships sold at auction to Chinese interests

Three RBD Armatori ships sold at auction to Chinese interests

Three dry bulk carriers that formed part of RBD Armatori’s fleet have been sold in Italy to Chinese interests by a Naples court through a competitive sale procedure.

The 1999-built  Giovanni Battista Bottiglieri fetched $4.4m while sister ship Grazia Bottiglieri obtained $5.1m. Both of the panamax  vessels were acquired by Tianjin Dongjiang Shipping of China.

The third vessel put up for sale was the 2001-built Orsolina Bottiglieri, another panamax bulk carrier, which fetched some $6.5m and had been bought by a different Chinese investor linked to Singapore-based Ausbulk. For this vessel there was also an offer worth $6.9m but it was dismissed as it arrived too late.

This triple sale is part of RBD Armatori’s restructuring plan first announced in 2015.

Nicola Capuzzo

Nicola is a highly qualified journalist focused on transport economics, logistics and shipping with broad experience in both online and printed media. Specialties: shipping, ship finance, banking, commodities and port economics. He regularly interviews Europe's top shipowner executives for Maritime CEO magazine.

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