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Shipping investor Peter Jein buys fourth ship since 2016

Baltnav and Navision Chair Peter Jein has just purchased his fourth vessel in nearly four years. Three ships are already resold, and ownership has usually been short term after the first purchase in 2016. "There was some profit, which was motivating," he tells ShippingWatch.

Peter Jein is currently chairman of bulk operators Navision and Baltnav. | Photo: Mathias Svold

After a number of years without owning any ships, Danish shipping investor Peter Jein has been highly active in buying and selling bulk vessels in recent years.

Since February 2016, Jein has bought a total of four ships and resold three of them. The most recent vessel, a 50,600 dwt supramax, was bought just prior to the summer and roughly a month ago delivered to the new owner after a docking period undergoing upgrades, Jein tells ShippingWatch.

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