Chang Myung Sells 2 Capesize Bulkers

Business & Finance

South Korean shipping company Chang Myung Shipping has sold two 179,185 dwt Capesize bulk carriers to an unnamed buyer, its compatriot, according to data provided by VesselsValue.

The two Panama-flagged vessels, C Blossom and C Atlas, were each sold for USD 18.7 million.

C Blossom and C Atlas were built by South Korean shipbuilder Hyundai Heavy Industries (HHI) in 2009.

The two bulkers feature a length of 292 meters and a width of 45 meters.

Chang Myung Shipping’s fleet currently consists of 16 owned vessels – four Capesize vessels, two Kamsarmaxes, three Panamaxes, two Supramaxes, two Handymaxes, two Handysize carriers and one VLCC.