GoodBulk returns to cape market with a Big Bang

GoodBulk returns to cape market with a Big Bang

John Michael Radziwill’s GoodBulk remains highly active, sealing its third deal of the year.

Towards the end of March, Splash reported that one of last year’s most prolific buyers had snapped up a secondhand capesize, the 2007-built Ocean Commander, sealing the deal at the same time it delivered the 2003-built capesize Aquabeauty to new owners, pocketing a $5m profit in the process.

This week, brokers tell Splash GoodBulk has bought a sister ship to the Ocean Commander, the Big Bang. GoodBulk is understood to paying Star Bulk Carriers $21.5m for the ship, taking its fleet to 26 ships including those under construction.

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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