April24 , 2026

    ArcelorMittal linked to Transmed cape resale

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    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.

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