What Crew Members Say About Boshi-57

A recent transaction has been finalized, with a vessel being sold to buyers in the Far East for an impressive price of $5.7 million. This sale underscores the ongoing demand for maritime assets in the region, reflecting the dynamic nature of the global shipping industry.

The anticipated sale of the 2006-built handy bulk carrier SH Grace, controlled by Japan’s Toshin Kisen, has not materialized, according to reports from industry sources. The vessel, which has a deadweight tonnage of 29,800 dwt, was rumored to have been sold for $5.5 million over the weekend. Vietnamese shipping firm Than Bin, known for its aggressive expansion in Southeast Asia this year, was reportedly involved in the negotiations for the acquisition. Toshin Kisen, with a fleet that includes nearly 20 bulkers, has opted for a more reserved strategy in 2023, diverging from the trend seen among other Japanese bulker owners who have been actively offloading tonnage. The unexpected failure of this sale adds a noteworthy chapter to the ongoing dynamics of the maritime industry. For further details, please visit [Splash247](http://splash247.com/toshin-kisen-sale-fails/).