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/

Tufton Oceanic Makes New Tanker Deal After Offloading Bulker Duo

Tufton Oceanic Assets has agreed to sell two handysize bulk carriers for $20.5m, making this the company’s third divestment.

Tanker investment

The company said it expects to redeploy the proceeds promptly and invest in a tanker with similar economics to the vessel Golding acquired earlier this year at 70% of depreciated replacement cost.

The vessels were acquired, buy an undisclosed buyer, for less than 70% of depreciated replacement cost in 2018 and early 2020, Tufton Oceanic said.

In January this...

https://mfame.guru/tufton-oceanic-makes-new-tanker-deal-after-offloading-bulker-duo/

Golden Union Buys Newcastlemaxe At Attractive Price

  • Over the weekend one of the more modern newcastlemaxes to be marketed founded new owners.
  • Its full steam ahead for cape owners, battling for  ships, as secondhand prices remain attractive.
  • A handful of broker reports note that Nippon Yusen Kaisha (NYK) has sold the  Imabari-built, 206,300 dwt MG Courage for $14.65m.

According to a recent news in Splash 247, written by Hans Thaulow, Golden Union bags Japanese newcastlemax.

The deal is freezed

A handful of broker reports note that Nippon Yusen...

https://mfame.guru/golden-union-buys-newcastlemaxe-at-attractive-price/

Noble Group Holdings Limited Sells Vessel for US$16,634,000

  • Noble Group Holdings Limited announces sale of vessel M/V Aqua Vision.
  • The sale of the vessel M/V Aqua Vision for aggregate consideration of US$16,634,000.
  • The net proceeds from the disposal
    (after deducting brokerage and commissions) are US$16,134,098.

According to a recent press release in Noble Group Holding Limited, it has sold the M/V Aqua Vision vessel.

The sale of M/V Aqua Vision

The Board of Directors of Noble Group Holdings Limited is pleased to announce that its subsidiary Hamada...

https://mfame.guru/noble-group-holdings-limited-sells-vessel-for-us16634000/