Vrontados updates its fleet with modern ultramax purchase

Vrontados updates its fleet with modern ultramax purchase

Greek owner Vrontados has just added the 61,299 dwt Cosco Dalian-built ultramax, Equinox Melida, brokers tell Splash.

The vintage specialist has paid fellow Greek owner Equinox Maritime $25.5m for the ship.

This is not the first time Equinox Maritime has been hawking parts of its fleet for sale of late. In December last year it sold a 2009-built vessel to Songa of Norway for $14.85m, an interesting sale as Songa Bulk made part of the payment in shares, giving Equinox a 6% stake in the fast growing Norwegian company.

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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