Complete Maritime Profile & Reviews of Epictetus

A new charter has been successfully finalized for the vessel Dely Inchon, with an impressive rate of $10,250. This arrangement is set for a trading period of 6 to 9 months and has been secured with Glencore Agri, a leading player in the agricultural commodities sector. The deal enhances Dely Inchon's operational capacity as it embarks on this new opportunity.

Nisshin Shipping is moving swiftly to downsize its fleet, initiating a significant contract with Greece-based Transmed for the acquisition of three kamsarmax vessels. This deal follows the recent listing of the ships, which are sister vessels named Mangan Trader I, Mangan Trader II, and Mangan Trader III. Reports from brokers indicate that each vessel has been sold for $16.75 million. Built in 2013 at Hyundai Samho, these ships have a length overall (LOA) of 235 meters, marking a noteworthy addition to Transmed’s fleet. This transaction is part of Nisshin's broader strategy to streamline its dry bulk operations, positioning the company as one of the top five sellers of dry bulk tonnage in 2023.