Ship Sales News

Belships Acquires Ultramax Bulk Carrier

Norwegian shipping company Belships ASA has entered into an agreement to acquire a secondhand 63,000 dwt bulk carrier M/V Sofie Victory.The ultramax vessel was built at New Times Shipbuilding, China in 2016.Belships will acquire all shares in the single purpose company Sofie Victory AS, being the owner of M/V Sofie Victory. Sellers are the Bergen, Norway based company EGD Ultra Eco AS (holding 80 per cent of the shares in Sofie Victory AS) and Cyprus based Blossom Shipmanagement Ltd (holding 20 per cent of the shares in Sofie Victory AS).EGD Ultra Eco AS is ultimately controlled by investor Espen Galtung Døsvig.The agreed purchase price is USD 24.15 million, of which approximately USD 14 million is debt.