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Golden Union bags Japanese newcastlemax

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.

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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