Atlantica Shipping has marked its return to the dry bulk sector with the delivery of a kamsarmax bulker, ending a brief period as an offshore-only outfit.
The Oslo-based company has taken delivery of the 2011-built kamsarmax Atlantica Star, which recently joined the fleet. The vessel will be placed under technical management with Greek bulker specialist AM Nomikos.
Atlantica did not disclose the seller, but market sources have identified the vessel as the Jag Aarati, a 80,300 dwt kamsarmax that Indian owner Great Eastern Shipping agreed to sell in December. Brokers estimate the deal was done at between $14m and $15m.
The acquisition marks another strategic shift for Atlantica, which had pared its fleet back to offshore vessels after exiting container shipping last year. Earlier this year, the company delivered the boxship Atlantica Power to its new owners. The ship was sold in November for a reported $45m with a charter attached and handed over in January.
Atlantica had bought the 2010-built, 4,586 teu ship in 2024, marking its return to container shipping, before adding the 2012-built 3,635 teu Atlantica Pioneer later the same year. That vessel was also sold in late 2025 for around $31m, again with a charter attached.
With the arrival of Atlantica Star, the company is now re-establishing its presence in the dry bulk market through the kamsarmax segment after selling its last three supramaxes in the second half of 2024.
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