John Fredriksen’s privately held Seatankers Management Co Ltd sold 2013 built kamsarmax bulk carrier 81K DWT MV Sea Proteus, 2013 built kamsarmax bulk carrier 81K DWT MV Sea Venus, and 2013 built kamsarmax bulk carrier 81K DWT MV Sea Pluto for around $70 million en bloc. John Fredriksen controls one of the largest publicly owned fleets through the New York and London-listed Golden Ocean Group. But John Fredriksen additionally has around 40 bulk carriers owned privately and managed by Seatankers Management Co Ltd. Seatankers Management Co Ltd sells privately owned kamsarmax bulk carriers after taking a new building plunge. Seatankers Management Co Ltd pulled the trigger on up to eight (8) new vessel orders in China. Seatankers Management Co Ltd controlled MV Sea Proteus, MV Sea Venus, and MV Sea Pluto have special surveys due. 13-June-2023
John Fredriksen’s privately held Seatankers Management Co Ltd is profiting from the sale of a panamax bulker. Additionally, John Fredriksen’s fleet consists of newcastlemax bulk carriers, although the Norwegian shipowner Seatankers Management Co Lt is undecided about future sales. John Fredriksen’s interests have strategically ventured into the sale-and-purchase sector by selling the 2012 built panamax bulk carrier 76K DWT MV Sea Rising at a lucrative gain. MV Sea Rising falls under the control of Fredriksen’s privately owned Seatankers Management Co Ltd, which was sold to a Chinese buyer for around $14 million. Seatankers Management Co Ltd has confirmed the sale of this vessel constructed by the Yangfang Group. Seatankers Management Co Ltd announces that it has secured an admirable price for 2012 built panamax bulk carrier 76K DWT MV Sea Rising, with John Fredriksen achieving a profitable margin above its book value. Seatankers Management Co Ltd initially acquired the 2012 built panamax bulk carrier 76K DWT MV Sea Rising (ex MV Luyang Rising) for around $15.5 million from Qingdao Luyang in July 2015. John Fredriksen commands one of the largest publicly traded fleets through Golden Ocean Group, listed in New York and London. Furthermore, John Fredriksen personally owns and manages approximately 40 bulk carriers through Seatankers Management Co Ltd. John Fredriksen’s private fleet also includes six (6) newcastlemax bulk carrier new buildings at New Times Shipyard, along with four (4) vessels at Bohai Shipbuilding Industry that are scheduled for delivery in 2019 or 2020. These newly constructed vessels, equipped with scrubbers, were individually acquired for the modest amount of approximately $44.5 million. Based on shipbrokers’ estimations, there is a favorable potential for asset-play transactions involving these bulk carriers, as their perceived value ranges from approximately $57 million to $58 million each. Seatankers Management Co Ltd has confirmed the presence of purchase interest for the group of eight (8) vessels. Seatankers Management Co Ltd also confirmed that two of the newly constructed vessels are currently chartered out. Seatankers Management Co Ltd chartered out 2019 built newcastelmax bulk carrier 208K DWT MV Golden Coral and 2019 built newcastelmax bulk carrier 208K DWT MV Champion to IFCOR at a daily rate of $26,000. 12-September-2019