Celsius snaps up ultramax resale

rizhao port marine service ship supply

Clarksons Research reports China’s Zhejiang Yangfan shipyard has sold a SDARI 64 design ultramax resale (Hull BC64k-DM02), for prompt delivery, to Copenhagen-headquartered Celcius Shipping for a price in the high $16m.

“The sale follows the disposal by the yard of a sister vessel to clients of Korea Line, as part of a structured cancellation package of existing orders two months ago,” Clarksons reported.

Celsius acts as a platform for investors to come in on ship acquisition deals with a focus on specialized tonnage. Its investments to date have been centred on chemical and product tankers as well as LPG tankers with dry bulk only coming into play recently.

By Sam Chambers

From splash247