Topic
kamsarmax
Logistics Amoysailing Orders Four Kamsarmaxes, Handing Jiangsu Watts Energy First Newbuilds
Xiamen-based Amoysailing Maritime has placed its first newbuilding order at Jiangsu Watts Energy & Engineering, signing for four 82,000 dwt kamsarmaxes for 2028 delivery. The deal adds 328,000 dwt to the owner's newbuild programme, which also includes two 63,500 dwt ultramaxes at Jiangsu Haitong. Watts Energy, previously focused on repairs and marine energy equipment, enters shipbuilding with its first such contract.
Logistics Great Eastern Shipping lines up fourth kamsarmax as fleet renewal push continues
Great Eastern Shipping has agreed to acquire a fourth kamsarmax bulker in just over a year — an unnamed 2015-built 81,886 dwt vessel scheduled for delivery between October and December. The Mumbai-listed owner is funding the purchase entirely from internal cash and has been selling older panamax, VLGC and tanker tonnage. Great Eastern now controls 40 ships totalling 3.24m dwt, according to Splash247.
Logistics Castor Maritime Shifts Kamsarmax into Fearnley-Backed JV, Banks $18.75m
Castor Maritime has delivered its 2015-built kamsarmax Magic Starlight into a joint venture arranged by Fearnley Securities, taking $18.75m in cash and keeping a 30% stake. The deal closed this month with an $11.5m sustainability-linked loan. Castor expects a $2.9m Q3 net gain and now operates a fleet of 11 vessels.
Logistics Diana Shipping Secures Improved Kamsarmax Charter at $16,850 per Day for Medusa Bulker
Diana Shipping has fixed its kamsarmax bulker Medusa to Aquavita International at a gross rate of $16,850 per day, a 29.6% increase over its previous charter with Cargill. The deal runs from July 10 to at least October 5, 2027, and builds on Diana's improving forward cover.
Logistics Castor Maritime Adds Second Modern Kamsarmax Bulk Carrier in One Week
Nasdaq-listed Castor Maritime has purchased another modern kamsarmax bulk carrier, the 2024-built Magic Saturn, for $41.9 million, taking delivery on June 29. This follows the acquisition of the 2023-built Magic Jupiter for $37.5 million last week, bringing total spending on the segment to nearly $80 million. With the addition, Castor's fleet has grown to 11 vessels.
Logistics Castor Maritime Adds 2023-Built Kamsarmax Seacon Hamburg for $37.5M in Notable Deal
Cyprus-based Castor Maritime has added the 2023-built kamsarmax Seacon Hamburg to its fleet for $37.5 million. The 85,505 dwt bulker, built at CSSC-affiliated Huangpu Wenchong Shipbuilding, will become the youngest in Castor's fleet of 10 ships. The deal stands out amid cautious bidding from Greek institutional buyers.
Logistics Castor Maritime Returns to Bulker Buying with $37.5m Deal for Modern Eco Kamsarmax
Cyprus-based Castor Maritime has agreed to purchase a 2023-built eco kamsarmax bulker for $37.5m, according to Splash247. The unnamed vessel will become the youngest in the fleet, which will grow to 10 ships. The deal underscores Castor's ongoing fleet modernization and diversification, following earlier acquisitions and a stake in asset manager MPC Münchmeyer Petersen Capital.
Logistics China Merchants Unit Orders Two Kamsarmax Bulk Carriers at Jiangsu Haitong for 2028 Delivery
Shanghai Changjiang Shipping, a China Merchants Group subsidiary, has ordered two 82,000 dwt kamsarmax bulk carriers at Jiangsu Haitong Offshore Engineering Equipment. The vessels are scheduled for delivery in 2028, with market estimates placing the contract value at around $75 million. The order is part of a broader fleet renewal programme within China Merchants Group.
Logistics Erasmus Shipinvest Firms Up All Eight Kamsarmax Newbuilds at Jiangsu New Hantong Yard
Athens-based Erasmus Shipinvest Group has firmed up all eight kamsarmax bulk carrier newbuilds at China's Jiangsu New Hantong Ship Heavy Industry, exercising options on the original four-vessel order. The total investment is nearly $300 million, with deliveries expected to begin in 2028, adding 656,000 dwt of dry bulk capacity.
Logistics Iolcos Returns to Newbuilding Market with Kamsarmax Pair in China, Adding Dry Bulk Capacity
Greek dry bulk owner Iolcos Hellenic Maritime Enterprises has placed an order for two 82,000 dwt kamsarmax bulk carriers at New Dayang Shipbuilding in China, with delivery scheduled for 2029. The order marks Iolcos' first newbuilding move since 2021 and adds to a wave of Greek newbuilding activity in the kamsarmax segment. The vessels will expand the company's current fleet of about 18 dry bulk vessels and provide additional capacity on major dry bulk trade lanes.