Thoresen Shipping Adds Secondhand Supramax

Business & Finance

Thoresen Shipping Singapore (TSS), a subsidiary of Thoresen Thai Agencies, has purchased and taken delivery of the secondhand dry bulk vessel Karaweik, which will be renamed Thor Future.

Featuring 54,170 dwt, the Supramax was bought for a price of USD 7.9 million. Although the company did not reveal the ship’s previous owner, data provided by VesselsValue shows that the vessel was operated by Japan-based Santoku Senpaku. The 190-meter-long bulk carrier has a market value of USD 10.8 million.

With the addition of the 2006-built Karaweik, the Thoresen-owned fleet comprises a total of 20 vessels with an average size of 52,908 dwt and an average age of 11.8 years.

The company said that the acquisition is part of TTA’s ongoing fleet renewal plan launched in an effort to develop a fleet of modern and standard dry bulk vessels and increase operating efficiencies.