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Transmed takes Nisshin kamsarmax trio

Nisshin Shipping’s rapid fleet pullback continues apace. Having put a trio of kamsarmaxes in the shop window a few weeks back the Japanese owner has now concluded a deal with Greece’s Transmed to sell all three en bloc.

Brokers report the three sister ships – Mangan Trader I, Mangan Trader II and Mangan Trader III – were sold for $16.75m each. The ships – all built at Hyundai Samho in 2013 with an LOA of 235 m – are the latest in Nisshin’s dramatic scaling back of its dry bulk fleet. Nisshin ranks in the top five sellers of dry bulk tonnage so far this year.


Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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