Vietnam Maritime aims for success with another attempt to sell bulkers

Vietnam Maritime Corp (VIMC) is planning to sell a 27-year-old handymax bulker, the VIMC Green, after its initial attempt to sell the vessel in February was unsuccessful. The 27,300-dwt ship, built in 1997, is being put up for sale by tender as the bids received during the first sale did not meet the company’s expectations. VIMC is a partially publicly listed company, and brokers following the sale of the vessel have indicated that a second attempt to sell the bulker is in the works.

The decision to sell the VIMC Green comes as the company looks to divest older assets and potentially invest in newer, more efficient vessels. By selling the handymax bulker, VIMC aims to streamline its fleet and optimize its operations. The sale by tender process indicates that the company is seeking competitive bids from interested buyers in order to maximize the value of the vessel.

Despite the challenges faced during the initial sale attempt, VIMC remains determined to find a suitable buyer for the VIMC Green. The company’s decision to pursue a second sale by tender demonstrates its commitment to efficiently managing its fleet and assets. As VIMC continues to navigate the competitive maritime industry, the sale of the handymax bulker will play a key role in shaping the company’s future growth and development strategies.

Source .