Cool Carriers’ oldest vessel is reportedly heading to the breakers, leaving Swiss outfit Maestro Shipping fleetless.
According to cash buyer GMS, the 14,500-dwt reefer Ice Runner (built 1984) was sold for $615 per ldt to a Hong Kong Convention-compliant yard in Alang, India.
GMS called the price “fantastic” and said it was due in part to the 289 tonnes of aluminium on board.
The vessel is operated by Swedish reefer giant Cool Carriers, but owned by Maestro Shipping, Clarksons data shows.
Cool Carriers did not return a request for comment and still features the Ice Runner on its fleet list.
A call to Maestro Shipping’s office in Switzerland went unanswered, while the listed phone number for Maestro Reefers in Copenhagen was disconnected.
Clarksons lists Maestro Shipping as still owning a single ship, the 39,830-dwt Maestro Emerald (built 2020).
TradeWinds reported earlier this month that the company sold the bulker to Istanbul-based Devbulk for $30m.
The Turkish company took four other Maestro Shipping handysizes in the run-up to that transaction for $104m in total.
Maestro Shipping was set up by Jorgen Dannesboe in 2004 and at one point owned 10 reefers after splitting with Armada Group — a company he helped start in the 1970s — following a management buyout.
Dannesboe was 63 years old when he departed Armada for Maestro.
The Ice Runner scrapping continues the trend of reefer recycling, with four in June and three in May, according to Clarksons.
June had the highest number of reefers scrapped since August 2023, when the figure hit five. Six were scrapped in August 2021.
But in most other months, one or none are scrapped.
