Peter Dohle-controlled shipowner Splosna Plovda now owns just two ships after disposing of another supramax bulker.
European shipbrokers said the Slovenian company is selling the 55,000-dwt Cas Avanca (built 2009) to an Indonesian buyer for $7.5m.
The price is lower than some expected.
VesselsValue estimates the Hyundai Vietnam Shipyard-built vessel is worth $8.9m, while Maritime Strategies International puts its value for the third quarter of this year at $9.9m.
The ship passed special survey in November. Splosna did not respond to requests for comment.
This is the fourth supramax bulker that the company has sold this year. The three ships, all built in China, have all gone to Salam Pacific of Indonesia.
In February, the 53,000-dwt Novo Mesto (built 2005) went for $6.3m, while the 53,000-dwt Nove Gorica (built 2008) was sold in April for $6.6m.
In May, Splosna sold the 56,000-dwt Trenta (built 2010) for $7m.
Peter Dohle is primarily a containership owner, operating about 300 ships. It also owns and operates 40 bulkers and 25 multipurpose ships.
The Hamburg-based shipowner increased its stake in Splosna in 2007 to gain majority control. At that time, the Slovenian company had a fleet of around 20 ships.
Norsul upsizes with first kamsarmax buy
Brazil's Norsul Navegacao is moving into the kamsarmax segment.
European brokers said the Norwegian-controlled bulker owner is buying a eight-year-old SPP Shipbuilding-constructed vessel from UK-based Anglo Swiss Maritime.
Norsul is understood to be paying $15.8m for the 81,000-dwt Andante (built 2012).
Anglo Swiss Maritime also owns the sistership Adelante (built 2012), which sources said could be a sales candidate. This UK company had ordered the duo in 2010 reportedly for more than $35m each.
Norsul declined to comment on reports of the Andante sale.
Pittas-controlled Eurobulk buys first ship in four years
Eurobulk, the private outfit of Greece’s Pittas shipping family, is said to have agreed to buy a supramax bulker in its first vessel purchase in four years.
TradeWinds is told the company bought the 57,900-dwt Western Honolulu (built 2014) for $14m.
Sources with knowledge of the transaction described it as an “opportunistic purchase”, based on the belief that ship values are still low enough, despite fairly brisk activity on the secondhand market in recent weeks.
Oldendorff Carriers in surprise capesize sale
In a surprise move, German bulker giant Oldendorff Carriers has sold the 180,000-dwt Tete Oldendorff (built 2011) to a Greek buyer. Brokers claim the capesize has gone for $19m, but TradeWinds is told the price is higher, likely around $19.5m.
The Tete Oldendorff is among a trio of very large bulkers that Oldendorff purchased as recently as in June this year from Trust Energy Resources, which is part of Tata Group, an industrial conglomerate from India.
The German owner paid as much as $53.4m for the STX-built ship, which was then trading as Trust Agility, and a total of $212.8m for the entire trio that also included the sistership Trust Integrity and the much bigger, 209,300-dwt Trust Amity (built 2016).