‘I’m not sure what they are seeing’: Petros Pappas muses on Chinese thirst for old bulkers

Far East buyers have a keen interest for the kind of ageing vessels Star Bulk is shedding

The 53,500-dwt supramax Star Omicron (renamed Fu Chang, built 2005) is one of several ships that Star Bulk has sold to Chinese buyers.
The 53,500-dwt supramax Star Omicron (renamed Fu Chang, built 2005) is one of several ships that Star Bulk has sold to Chinese buyers.Photo: Star Bulk Carriers
Published 16 May 2025, 14:34Updated 21 May 2025, 06:40
GreeceUSStar Bulk CarriersSale and purchaseChina