CSL takes second handy of the year

CSL takes second handy of the year

Canadian outfit CSL Group has pounced on the Japanese controlled handysize bulker Diana Island, paying Yahata Trader $8.5m for the seven-year-old 28,398 dwt ship.

This is the second handysize bought by CSL this year after the purchase of the 2006-built Cape Knox for $7.4m in April.

CSL has a fleet of seven handysize gearless bulkers operating in dedicated trades on the Great Lakes-St Lawrence Seaway. It also has a number of transhipers and self-unloaders.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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