Dry CargoEurope

Valhal adding capes

Valhal Shipping, the exclusive agent of Greece’s Enesel Group’s dry bulk activities, has added two modern capes in the second quarter of the year, a rare move as few modern capes have changed hands this year.

The fast-growing cape player added the 2015-built Red Sage, now renamed Thalassini Niki, last month for $47.5m and has recently moved for Bocimar’s 2016-built Mineral Yarden, with brokers suggesting a $50.5m price tag for the Imabari-built ship.

Last year, Valhal spent just over $80m on three capes, which have since increased in value by around 40%.

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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