MS Jupiter has been sold to Chinese Buyers
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MS Jupiter has been sold to Chinese Buyers

The vessel which is under Pearl Naval management, MS Jupiter has been sold to Chinese Buyers and vessel has been delivered in  Yeosu, Korea on Saturday.

01 February 2018 - 00:04 - Update: 01 February 2018 - 00:31

The vessel which is under Pearl Naval management, MS Jupiter has been sold to Chinese Buyers and vessel has been delivered in  Yeosu, Korea on Saturday.

She was puchased about 9.5 million usd including  her rob, bunkers. Dry dock of vessel will be end of August 2018 therefore  

Gürhan Burak Alkoç, General Manager of Pearl Naval told SeaNews the following:

"Buyers are planning to go to dry dock directly in China first, after  completion of necessary job, survey they will put her in service for  domestic trade in China under Hongkong flag and most likely Class also will  be changed from KR to CR. Their manegement is located in China (FLCL One  Shipping Ltd) and shareholder is in place at Hongkong. Both party are  satisfied about sale and purchase of the ship. From our point of view, we  will be able to go for next employement-investement and from their side  market is increasing about dry dock segment… Actually, MS Jupiter made good  hire incomes under our management above usd 10.000since 6 months while we  have fixed with Oldendorff, Nordic and Dragon Marine for coal cargoes.  Lastly vessel load coal in Russia and discharged to Korea.

Now, we are looking for 2x33.000 dwt Chinese handysize bulk carriers 2011 built asap which willing to take deliver till 2nd quarter of 2018 due to 
better expectations for maritime sector. We have just inspected several vessels and have signed LOI for them yet to sign MOA after financial 
issues.  Our aim is to build up a strcuture and join for handysize pool or getting contract. Moreover, our staff is dealing with one Chinese 
indrustial group who has his own shipyard for 1+1 NB. On the other hand, we  are about to get 3 Japanese built supramax bulkers on 2012 and 2013 built into the our technical and commercial management within a few months. Also, trying to fix crew management for another Owner from Europe with skilled Turkish crew. At the same time targetting to expand much more in 2018 in connection with our wide range contacts, low cost engaged with good quality ship management service and transparent management style, financial arrangements all over the world and especially our well experienced team members. We see the bright future for asset play and possible to go other segment next year such as oil or chemical tanker next year and will effort to bring new comers to maritime sector such as funds, commodities.

İn  addition to above we are about to make an agreement for new building supervision in Korea and dealing for marine consultancy considering oil & gas segment"

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