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Elderly vessel to be sold off

Elderly vessel to be sold off
Thai bulker owners Precious Shipping and Thoresen Thai Agencies continue to offload older vessels.

Thai bulker owners Precious Shipping and Thoresen Thai Agencies continue to offload older vessels.

Thai bulker owners Precious Shipping and Thoresen Thai Agencies continue to offload older vessels.

Precious Shipping"s latest elderly vessel to be sold off is the 1982-built, 34,072 dwt, Thamisa Naree. The vessel was sold to an unidentified Panama-registered company for $3.9m.

After the sale Precious Shipping has a fleet of 27 handysize bulkers.

Meanwhile fellow Thai shipowner Thoresen has sold the 1983-built, 17,298 dwt, Thor Mariner for scrap.

The vessel was sold for $2m to Blueseas making the Thai shipowner a Baht2.6m ($76,000) profit.

Following the sale Thoresen has a fleet of 37 dry bulk vessels. Both companies plan to use the proceeds from the sales for their fleet renewal programmes.

wwwTurkishMaritime.com.tr

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