Unique offloads two

Unique offloads two

Hong Kong’s Unique Shipping has been busy this week pruning its fleet. The privately held firm run by the Cheng company has sold the 16-year-old  Rainbow Quest MR product tanker to Greece’s Ocean Gold for around $10m, sources tell Splash as well as the 13-year-old Japanese-built 176,347 dwt Unique Brilliance capesize to unspecified Greek buyers for $9.5m.

The conservative Hong Kong owner tends to keep a low profile. Founded in 1966, Unique is run by Edmund Cheng, the son of the founder.

On its site, Unique says it has 15 ships – a mix of capesizes, product and chemical tankers plus five LPG carriers. It also has one VLGC on order.

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.

Related Posts