Thoresen Sells Handymax Oldie

Illustration. Image Courtesy: Pixabay under CC0 Creative Commons license

Thailand’s Thoresen Thai Agencies has disposed of Thor Enterprise, a 42,500 dwt bulk carrier.

The ship was sold by Thoresen Shipping Singapore (TSS) for USD 5.6 million.

Although Thoresen has not identified the buyer of the vessel, Thor Enterprise, renamed Asian Enterprise, was sold to India’s Hermes Maritime last month, data provided by VesselsValue shows.

Built at Japanese Namura shipyard in 1995, the Handymax vessel was bought by Thoresen back in 2004.

“The sale is in line with prevailing dry bulk shipping conditions, in which older vessels become less competitive and less able to meet operating costs,” Thoresen Thai Agencies explained.

“The TSS’s Board of Directors resolved to sell the said vessel, and the proceeds from the sale are in line with the company’s strategy to improve the efficiency of the fleet and the company’s fleet renewal program,” the company added.

Following the sale of Thor Enterprise, the Thoresen fleet will comprise 21 vessels with an average size of 55,285 dwt and an average age of 11.24 years.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Nov 2018 >>
MTWTFSS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 1 2

Offshore Wind Europe 2018

The Offshore Wind Europe speaker line-up is supported by executives who are leading the charge…

read more >

Europort 2018

From 15-17 May 2018, the 12th edition of Europort Romania willl take place in the IDU Hall in Constanta…

read more >

Petrochemical Supply Chain & Logistics Conference & Exhibition

The Petrochemical Supply Chain & Logistics Conference & Exhibition (15 – 16th November, Houston) is positioned at the forefront of the booming Petrochemical industry in North America.

This industry leading event is regarded as the most significant meeting place for supply chain & logistics professionals, where they meet to do business.

More Info

read more >

DREDGING FOR SUSTAINABLE INFRASTRUCTURE

The two-day-long programme offers six highly interactive sessions with contributions from…

read more >