Celsius Shipping, a 36-ship-strong owner, has once again demonstrated sharp asset play skills by turning a healthy profit on its remaining two MR2 tankers.
Broking sources tell Splash that Celsius has flipped both 2021-built MR2s for around $35.5m each, having acquired them as resales in 2021 for $31.5m each.
The tankers are 50,000 dwt in size and named Celsius Philadelphia and Celsius Portsmouth, both built at Jiangsu New Yangzijiang in China.
Of late, Celsius has put most of its cash in the LNG sector, having 10 ships in the water and 11 ships on order while removing most of its money from the tanker segment.
In 2023, Celsius exited the chemical tanker segment entirely, selling three small parcel chemical tankers and an MR product carrier. The company then took industry players by surprise last year by re-entering the segment, adding an eight-year-old, 20,000 dwt clean tanker for $31.5m.
The company also has 12 containerships.
