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

The dry bulk cycle has a long way to go before it is over, said Clarkson Research Services president Martin Stopford at the Asian Logistics and Maritime Conference in Hong Kong.
CIT Group Inc., a global leader in transportation finance, announced that CIT Maritime Finance provided a $24.1 million senior secured credit facility to Blue Wall Shipping Limited, an investment holding company.
In the Capesize sector, Intermodal reports the sale of the “STELLA JADE” (175,932dwt-blt 12, China), which was sold to Greek owner, Marmaras Navigation.
A handymax bulker controlled by Genco Shipping & Trading has been detained in the United States. The 55,300-dwt Genco Provence (built 2004) was held in Jacksonville, Florida after the crew failed to perform a satisfactory fire drill.

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