AsiaDry Cargo

Eastern Pacific grabs Japanese cape resale

Eastern Pacific continues to build its capesize fleet, brokers report. The Idan Ofer-led company is linked to the purchase of Japanese resale. The Singapore-headquartered outfit is said to have taken the Imabari-built Aquacaro for $32.6m from an unspecified Japanese owner.

The purchase is the second 180,000 dwt cape the shipping giant has snapped up this year. In mid-January it paid $35m for the Megalodon from Star Bulk Carriers. Last year it added two capes in the secondhand market.

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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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