Primerose Shipping

29-August-2019

Piraeus based Primerose Shipping’s 2015 built kamsarmax bulk carrier 82K DWT MV Ocean Saga was chartered out for $16,000 per day for around 8 months. All panamax and kamsarmax period tonnage that was taken in 2018 is trading very profitably now, notwithstanding the massive newbuilding order book.

25-May-2017

Greek shipowner and operator Primerose Shipping is selling its oldest 2005 Japanese built panamax dry bulk carrier 77K DWT MV Lord Byron for around $11 million. MV Lord Byron is coming off a 6-month charter at $7,400 per day. In March 2017, similar panamax dry bulk carriers were around $5 million. In 2004, Greek shipowner and operator Primerose Shipping bought MV Lord Byron as a resale for around $40 million and accumulated cash during the boom years in shipping.

31-March-2016

Greek Athenian Ship Management sold 1997 built panamax bulk carrier 69K DWT MV Sea Lord (ex MV Seaflower) to Indian scrapyard for around $2.7 million. Athenian Ship Management bought the ship as MV Sea Lord (ex MV Seaflower) from Greek shipowner Primerose Shipping for $24 million in 2010. Athenian Ship Management sold the 1996 built panamax bulk carrier 74K DWT MV Sea Fortune to Indian scrapyard last December.