AsiaDry Cargo

Berge Bulk takes K Line newcastlemax

Kawasaki Kisen Kaisha (K Line) is pruning its fleet, letting go of a newcatlesmax and a post-panamax. 

James Marshall-led Berge Bulk is understood to have paid $13.6m for the 203,200 dwt Japanese-built Cape Rosa, the second deal the Singapore player has completed in the cape segment this year.

The latest ship takes the Berge Bulk fleet to 48 vessels.

K Line has also found a buyer – yet to be revealed – for the 20-year-old 88,300 dwt Corona Horizon, sold for $5.2m. 

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Hans Thaulow

Hans Henrik Thaulow is an Oslo-based journalist who has been covering the shipping industry for the last 15 years. As well as some work for the Informa Group, Hans was the China correspondent for TradeWinds. He also contributes to Maritime CEO magazine. Hans’ shipping background extends to working as a shipbroker trainee with Simpson, Spence & Young in Hong Kong.
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