JP Morgan Exits Kamsarmax Sector

JP Morgan Global Maritime sold its last two kamsarmax sister vessels, the 2013-built 82,000 dwt Peak Pegasus and the 2015-built Peak Liberty, says an article published in Splash 247.

Estimated Sale Rate

Multiple brokers note that the ships were sold for over $50m en bloc. No buyer has been revealed.

About the previous Deal

JP Morgan Global Maritime acquired the 82,000 dwt bulker Peak Pegasus in a bank-driven sale from United Ocean Group four years ago for $21.5m. The Peak Liberty was bought from...

https://mfame.guru/jp-morgan-exits-kamsarmax-sector/

Castor Maritime Announces Kamsarmax Vessel Acquisition

  • Castor Maritime Inc., announces that it acquires a 2015 Chinese-built Kamsarmax dry bulk carrier from an unaffiliated third-party for a purchase price of $23.5 million.
  • It entered through a separate wholly-owned subsidiary, into an agreement for the purchase.

According to a press release published by Castor Maritime Inc, Castor Maritime Inc. (NASDAQ: CTRM), (“Castor”, or the “Company”), a diversified global shipping company, announces that it entered, through a separate wholly-owned...

https://mfame.guru/castor-maritime-announces-kamsarmax-vessel-acquisition/

Scorpio Bulkers Sells Non-scrubber Kamsarmax Vessel for $18.5m

Scorpio Bulkers announces the sale of a second kamsarmax bulker by the Emanuele Lauro led company, says an article published in Splash 247.

Second vessel sale

Monaco’s Scorpio Bulkers has announced the sale of a kamsarmax bulker. This is the second vessel sold by the Emanuele Lauro led company in under a week.

Vessel and sale value details

Scorpio has sold the 2016-built SBI Sousta for around $18.5m, substantially less than the $19.36m value placed on the vessel by VesselsValue. Scorpio says the...

https://mfame.guru/scorpio-bulkers-sells-non-scrubber-kamsarmax-vessel-for-18-5m/

Scorpio Bulkers Announces Its $18m Vessel Sale Deal

Scorpio Bulkers, Inc., announces the sale of its Kamsarmax vessel, says a press release published on their website.

About the agreement

Scorpio Bulkers, Inc. (NYSE: SALT) (the “Company”) announced the company’s agreement with an unaffiliated third party to sell the SBI Rock. 

  • SBI rock is a 2016 built non-scrubber-fitted Kamsarmax vessel.
  • The sale price is slightly in excess of $18 million. 
Sale details
  • Delivery of the vessel is expected in the fourth quarter of 2020.
  • The sale is expected to...

https://mfame.guru/scorpio-bulkers-announces-its-18m-vessel-sale-deal/