Italian diversified owner Fratelli Cosulich has bought a multipurpose general cargo vessel from compatriot owner Barone Shipping taking its fleet to 16 vessels.
The Genoa-based company has picked up the 2010-built Toto BR for an undisclosed sum. The 9,300 dwt unit, VesselsValue estimates as worth close to $8m, will be bareboat chartered to Argo Shipping.
for an undisclosed sum. The 9,300 dwt unit, VesselsValue estimates as worth close to $8m, will be bareboat chartered to Argo Shipping.Fratelli Cosulich currently has 14 ships in operation with two small-scale LNG bunker vessels expected to deliver from Nantong CIMC Sinopacific Offshore & Engineering, one of which was recently named Alice Cosulich.
In February, the group added the 2015-built handysize bulk carrier Venture Ocean, renamed Saturnia, from Japan’s Doun Kisen and chartered out to Lauritzen Bulkers.
