Dry CargoGreater China

Unique Shipping exits cape segment

Private Hong Kong owner, Unique Shipping, is quitting the bulker segment, offloading its one cape, a ship that’s been with the firm since it hit the water some 14 years ago.

Brokers tell Splash that Unique has offloaded the Shanghai Waigaoqiao built, 178,000 dwt, Unique Carrier for $11.5m. Singapore’s Berge Bulk is tied to this deal. 

Unique’s ship focus will now be on its 12 tankers- a mix of gas and product carriers. 

Unique Shipping was established in 1966 as a private shipowning and management operation and has since then acquired over 100 vessels over the years. The company is now led by  Edward Cheng, the eldest son of the founder.

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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