Its full steam ahead for cape owners, battling for ships, as secondhand prices remain attractive. Over the weekend one of the more modern newcastlemaxes to be marketed founded new owners.
A handful of broker reports note that Nippon Yusen Kaisha (NYK) has sold the Imabari-built, 206,300 dwt MG Courage for $14.65m.
Greek owners have emerged as the most active capesize bidders in recent weeks. In this deal, VesselsValue links Greek Golden Union to the Japanese newcastlemax.
Last week ended with another Greek deal with Star Bulk Carriers revealeing that it sealed a deal for three 2010-built capes sold by E.R. Capital Holding.