ADS Maritime returns to direct shipowning after kamsarmax purchase

The Oslo Stock-listed company, led by Bjørn Tore Larsen, ADS Maritime Holding Plc is buying a kamsarmax bulk carrier, to be renamed Fjeld Saga (tbr). The move signals a strategic return into direct shipowning after taking the last years minority interest/shareholding in projects across the tanker and offshore sectors.

The company has agreed to acquire the 2013-built Fjeld Saga, an 82,900 dwt bulk carrier, at market terms.

ADS Maritime Holding has not disclosed the vessel’s purchase price.

The delivery is expected to take place between November and December 2025, whilst the completion is subject to