GoodBulk adds another capesize

GoodBulk adds another capesize

Fast growing owner GoodBulk has snapped up a secondhand capesize, sealing the deal at the same time it delivered 2003-built capesize Aquabeauty to new owners.

GoodBulk made a $5m profit in under a year on the Aquabeauty sale, and wasted no time utilising the funds to acquire a 2007-built capesize from an unnamed seller.

The incoming vessel, built by Shanghai Waigaoqiao Shipbuilding, is scheduled for delivery to GoodBulk in June.

The acquisition gives Goodbulk a fleet of 25 vessels, including those under construction, including 22 capesizes.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

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2 Comments

  1. Avatar
    Gerassimos Lathrop
    March 27, 2018 at 6:32 pm

    Goodbulk is not a Greek company, they are Monaco based owners.

    1. Grant Rowles
      Grant Rowles
      March 27, 2018 at 9:05 pm

      Hi Gerassimos, yes you’re correct it is Monaco-based so altered the article but of course has strong Greek origins.