Dry Cargo

Top Ships sells bulker M/V Evian

The cape size M/V KOHFUKUSAN (172,566 dwt 1999 blt NKK) has been sold for US $ 15 million to Greek buyers, according to the latest Clarkson Hellas Weekly Bulletin.

The report also notes that Top Ships’ last bulker M/V EVIAN (51,201 dwt 2002 blt New Century) reported sold at US$ 12.2 million; with her sale Top Ships is reverting solely to tanker operations.

Furthermore, the Handymax M/V TARAPACA (46,786 dwt 2000 blt Kanasashi) is reported sold to Greek buyers for US$ 13.85 million.

Dry Cargo News

Sohar Max, the first-ever fully laden Valemax, discharged iron ore at North China’s Dongjiakou port over the weekend, according to local media reports.
Lion Shipbrokers report (W29) containership M/V "NEDLLOYD DRAKE" (67,712 dwt, blt 2000, Aker/Germany, 5468 teus) was sold to Greek buyers (clients of Poseidon Containers) for $14.7 million.
Dry bulk vessel demolitions in the first half of 2015 nearly doubled year-on-year, but tonnage recycling is now losing its momentum as higher freight rates give shipowners an excuse to hold on to their vessels for a bit longer.
Front-haul Capesize rates in the Atlantic region soared over the past two weeks, driven by a stronger cargo count and thin tonnage in the basin, sources said.

Market Reports


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