Setaf Saget Offloads Two Supramaxes

Eagle Bulk France-based shipping company Setaf Saget sold two bulk carriers, the only two Supramaxes in its fleet, to an unknown buyer from Greece on January 31, 2017, VesselsValues data shows.  The two ships, JS Bandol and JS Pomerol, were sold for USD 9.1 million and USD 10.15 million, respectively. Market value of the 2010-built JS Bandol currently stands at USD 8.9 million and of the 2011-built JS Pomerol at USD 10.03 million. The two 58,000 dwt vessels were constructed by Chinas Dayang Shipbuilding Company. Each featuring a length of 190 meters and a width of 32.3 meters, the bulkers fly the flag of Malta. Following the sale of the two Supramaxes, Setaf Saget has a fleet of 15 bulk carriers, comprising 14 Ultramaxes and one Handy bulker, according to information provided by VesselsValue. World Maritime News Staff