Dry CargoGreater China

EGPN enters cape segment

Hong Kong-registered bulker player EGPN has emerged as the highest bidder for a 180,000 dwt cape from Qingdao Beihai Shipbuilding sold by Greathorse International Ship Management. The acquisition of the Tiger Jiangsu marks EGPN’s entry into the cape segment.

The 10-year-old bulker was first offloaded in an en bloc deal that subsequently fell through and was then sold at auction.

EGPN first became a shipowner in May 2017 when it added a pair of kamsarmaxes.

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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