AmericasDry Cargo

Ultranav lets go of its last panamax

The von Appen family controlled Ultranav has let go of its last panamax bulker.

Brokers tell Splash that the 2006-built panamax Elena II has found a buyer willing to pay $8m, $200,000 more than Ultranav got for the two-year-old same sized Loreto which was sold to Greek outfit Omicron in June.

The Chilean company will be left with just four tankers after the sale according to VesselsValue data.

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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