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.
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.
