United Ocean kamsarmax sold to Alassia Newships Management

United Ocean kamsarmax sold to Alassia Newships Management

Reports tell Splash that the 81,900 dwt bulker United Prestige, one of the most talked about bulkers ships in the sales and purchase market last week, has sold at auction to Greece’s Alassia Newships Management.

United Ocean has been one of the high profile Japanese shipping bankruptcies in recent years.

Some brokers had first linked the kamsarmax to Norwegian owner Arne Blystad and his emerging bulker outfit Songa Bulk, but officials there declined to comment on the sale when contacted by Splash.

More than ten parties inspected the ship, but Splash understand that less than a handful owners were willing to bid. The ship fetched around $22m, a firm price as VesselsValue.com prices it at more than one million less. In comparison a sister ship was sold for $4m less last summer.

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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