August18 , 2026

    ArcelorMittal linked to Transmed cape resale

    Related

    Visakha Container Terminal Sets Record with 108 Out-of-Gauge Containers in Single Vessel Operation

    Visakha Container Terminal (VCT) has achieved a significant milestone...

    RCL Confirms MV NAWATA BHUM Refloated and Resumes Service

    Regional Container Lines (RCL) has provided a further update...

    India Plans to Relax Ship Age Limits After Fleet Owners’ Pushback

    India’s maritime administration is preparing to revise ship age...

    Share

    ArcelorMittal has been named as the buyer of the recently delivered capesize bulk carrier Agis.

    Multiple brokers have linked the mining giant’s shipping unit to a $67.5m resale deal with Greece’s Transmed Maritime.

    The 182.334 dwt Namura-built ship was named on September 13 — the first of three capes built for Transmed at the Japanese shipyard.

    ArcelorMittal Shipping, which mostly went for post-panamax bulkers in the past, has picked up three capes this year, the other two being Sinokor’s 2016-built scrubber-fitted Chow and Comanche.

    In related deals, Greek owner Nicholas George Moundreas has been linked to a pair of 2011-built capes Glory and Honor with Adam Lemos-led Unisea Shipping for $49m. According to VesselsValue, each ship is worth around $26.5m.