Rio Tinto offloads final newcastlemax pair to Yasa
Rio Tinto has offloaded the final two ships from its eight-strong owned newcastlemax fleet, with Turkey’s Yasa Shipping taking the 2013-built RTM Drake and RTM Tasman. Yasa’s own fleet records now list the ships as the 205,437 dwt Yasa Drake and 205,432 dwt Yasa Pioneer, respectively. Both were buil
Maritime Asset Divestment
-
Fleet Divestment: Rio Tinto sold its final two owned newcastlemax vessels, completing the exit from an eight-ship fleet.
-
Buyer Acquisition: Turkey's Yasa Shipping acquired the 2013-built vessels, now renamed Yasa Drake and Yasa Pioneer.
-
Vessel Specifications: The vessels hold capacities of 205,437 dwt and 205,432 dwt respectively.
-
Strategic Shift: The sale marks the total liquidation of Rio Tinto's self-owned newcastlemax fleet.
Maritime Market Realignment
Successfully completed the divestment of its entire eight-vessel owned newcastlemax fleet.
Expanded its dry bulk fleet through the strategic acquisition of two 2013-built newcastlemax carriers.
Vessel Transaction FAQs
How many ships were included in the final transaction? ▾
The transaction involved two ships, the RTM Drake and RTM Tasman.
What is the new naming convention for the vessels? ▾
The ships have been renamed the Yasa Drake and Yasa Pioneer.
This dispatch has been curated by Press Glob under international press wire fair-use reporting standards. Access the original reporting directly below.
About Trade Admire Group
Trade Admire Group is a connected global business ecosystem orchestrating international trade, physical commodity sourcing, cross-border supply chains, and strategic intelligence across worldwide market corridors.