London-based shipowner and operator Union Maritime Limited (UML) sold 2020 built ultramax bulk carrier 63K DWT MV Springfield to New York Stock Exchange (NYSE) listed Connecticut-based shipowner and operator Eagle Bulk Shipping (EGLE). Union Maritime Limited (UML) sold 2020 built ultramax bulk carrier 63K DWT MV Springfield for around $30 million. MV Springfield was built at Cosco Shipping. Currently, New York Stock Exchange (NYSE) listed Connecticut-based shipowner and operator Eagle Bulk Shipping (EGLE) owns and operates 54 bulk carriers total, and 48 bulk carriers are scrubber-fitted. London-based shipowner and operator Union Maritime Limited (UML) will deliver the ultramax bulk carrier MV Springfield to Eagle Bulk Shipping (EGLE) upon completion of its current charter in Q2 2023. 14-February-2023
London-based shipowner and operator Union Maritime Limited (UML) sold 2005 built panamax bulk carrier 76K DWT MV Harrow (ex MV Red Queen) for around $9 million. London-based shipowner and operator Union Maritime Limited (UML) has secured a healthy profit from the sale of MV Harrow (ex MV Red Queen) which was a good asset play. In 2016, Union Maritime Limited (UML) acquired MV Harrow (ex MV Red Queen) when the bulk carrier market bottomed out. Union Maritime Limited (UML) made around 40% profit on the 2005 built panamax bulk carrier 76K DWT MV Harrow (ex MV Red Queen). In 2016, Union Maritime Limited (UML) acquired MV Harrow (ex MV Red Queen) from Japanese shipowner Toyo Kaiun. MV Harrow (ex MV Red Queen) is due for SS (special survey) in February 2020. In 2018, London-based shipowner and operator Union Maritime Limited (UML) made a similar asset play. Union Maritime Limited (UML) sold 2008 built supramax bulk carrier 58K DWT MV Albion for around $14 million to Thoresen Shipping. In 2016, Union Maritime Limited (UML) acquired MV Albion for around $9 million. In September 2018, Union Maritime Limited (UML) acquired five (5) aframax tankers from BP Shipping. In January 2018, London-based shipowner and operator Union Maritime Limited (UML) acquired 2005 built 105K DWT MT Bryanston (ex MT Phoenix Dream) for around $13.5 million. Union Maritime Limited (UML) has three (3) ultramax bulk carrier newbuildings at Cosco Heavy Industry. London-based shipowner and operator Union Maritime Limited (UML) will take the delivery of three (3) ultramax bulk carrier newbuildings in 2020. Union Maritime Limited (UML) will be paying around $24.5 million for each ultramax bulk carrier newbuilding. Currently, London-based shipowner and operator Union Maritime Limited (UML) owns and operates a mixed fleet of 40 ships. 26-May-2019