Chartworld Shipping Buys Capesize Newbuilding

CarVal Investors, LLC, an investment arm of Cargill, has sold its newbuilding Capesize bulk carrier for a total consideration of USD 32.5 million, according to data released by VesselsValue.

The 180,000 dwt ship, named Mustang, was purchased by Greece-based shipowner Chartworld Shipping Corporation.

Featuring 93,960 gross tons, the vessel is currently under construction at Chinese yard New Times Shipbuilding and it is scheduled for delivery during the year.

Mustang will join Chartworld’s fleet of 64 vessels covering the dry bulk, tanker, reefer and container sectors.

The company manages a fleet of 10 bulk carriers with a total capacity of some 921,000 dwt, 27 refrigerated cargo vessels, 7 tankers with a total carrying capacity of 582,079 dwt and 22 container ships.

World Maritime News Staff

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