Zodiac Maritime quietly adds Japanese kamsarmax bulker

Zodiac Maritime quietly adds Japanese kamsarmax bulker

Eyal Ofer’s Zodiac Maritime has gone under the radar to add a Tsuneishi-built kamsarmax bulker to its fleet in an off-market transaction.

Zodiac picked up the 2013-built Key Mission from Japan’s Mizuho Sangyo and renamed it Blue Ridge. No price is available for the transaction, although Vesselsvalue puts the market value of the ship at $22.4m.

The vessel was on long-term charter to NYK, although it is yet known if NYK took up a purchase option on the vessel and immediately flipped it to Zodiac.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

Related Posts