Robert Kuok backed shipowner and operator Malaysian Bulk Carriers (Maybulk) confirms sale of one of its oldest and smallest bulk carriers for further trading. 2006 built 32K DWT M/V Alam Sakti is sold for further trading. M/V Alam Sakti will be delivered in June 2017. Malaysian Bulk Carriers (Maybulk) reported $7.6 million in Q1 2017 with an average daily time charter equivalent (TCE) rate of $6,421.
Greek Navitas Compania Maritima bought post-panamax bulk carrier 2005 Japanese built 87K DWT M/V Alam Pesona from Malaysian Bulk Carriers for a firm $6.8 million. Greek Navitas Compania Maritima fleet consists of 4 bulkers. In 2013, Navitas Compania Maritima bought 2009 built 93K DWT M/V Barents Sea for $21 million from DryShips for $10 million. In 2014, Greek Navitas Compania Maritima bought 2 supramax bulk carriers from Turkish Geden Lines $25 million each.
Malaysian Bulk Carriers (Maybulk) is selling 2006 India built 32K DWT handy bulk carrier M/V Alam Sakti for around $7 million. Malaysian Bulk Carriers (Maybulk) bought M/V Alam Sakti as M/V Ikan Juara for $23.75 million in October 2009. In 2016, up to now Malaysian Bulk Carriers (Maybulk) sold 5 dry bulk carriers. Malaysian Bulk Carriers (Maybulk) fleet left with 9 ships.
Malaysian Bulk Carrier is trying to sell Japanese 2003 built supramax bulk carrier 53K DWT M/V Alam Murni. M/V Alam Murni will be in Colombia first week of May 2016 for inspection. Malaysian Bulk Carrier is the biggest shipowner in Malaysia and operating dry bulk carriers handy bulk carriers up to panamax size.