GriegMaas Welcomes Star Damon to Fleet

GriegMaas - a joint venture  of Norwegean shipping company Grieg Star with investment management firm Maas Capital - has expanded its fleet with the Ultramax vessel Star Damon.

Formerly known as GH Frankel, the 2012-built Star Damon is bought this year from Celsius Shipping.

The Ultramax vessel is 199 meter long, has a beam of 32 meter, and a draught at 13.3 meters. Star Damon will join the G2 Ocean conventional bulk pool.

Meanwhile, the company has delivered its old open hatch vessel, the Star Fuji, for recycling.

"On the 21st of August we delivered the 34 year old Star Fuji for recycling. She landed at Leyal Ship Recycling in Aliağa, near Izmir in Turkey. That is the same recycling yard that recycled Star Gran in February," a release said.

Star Fuji was an Open Hatch vessel of 40,850 mt dwt. She was hull no 320 from Hyundai Heavy Industries in Ulsan, Korea. Through her 34 and a half year, she has sailed approximately 9,000 days.

At an average speed of 12 knots, that is 2.5 million nautical miles. Or over 150 times around the world at equator. She has transported 6.2 million tonnes of cargo through her year. The last years, she has been sailing for G2 Ocean.