Ships Reported Sold

Tuesday, October 05, 1999
Bulker, Reliance Ocean - (built 1980) 194,399 dwt sold for $8 million. Bulker, Lucky Bulker - (built 1977) 70,600 dwt sold for $2.1 million. Bulker, Coral Halo - (built 1995) 45,320 dwt and sistership Flaxen Halo (built 1997) 47,240 dwt sold for $34 million en-bloc. Bulker, Pacific Splendour - (built 1984) 41,373 dwt sold to Apex for $7.8 million. Tanker, Presidente Rivera - (built 1981) 87,325 dwt sold for $6.1 million. Tanker, Oriental Canary - (built 1987) 12,742 dwt sold for $6.25-6.5 million. Matsuyama Maru No.25 - (built 1988) 5,588 dwt sold for $2.2 million. Container Vessel, Zagreb Express - (built 1989) 25,904 sold at auction for $2 million. Container Vessel, Nantai Venus - (built 1994) 23,638 dwt sold in Hong Kong for $16.61 million.

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Ship Sales

Vale Sells 3 Valemax Iron Ore Ships to ICBC

Brazil's Vale SA said it has sold three of its giant "Valemax" iron ore ships to a group led by Industrial and Commercial Bank of China, continuing efforts to unload

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