Goodbulk snaps up Japanese capesize

Goodbulk snaps up Japanese capesize

Monaco-based owner Goodbulk  has taken the 2005-built capesize bulker Cape Liberty from Japan’s Fukujin Kisen for $19m.

GoodBulk is a new company created by Brentwood Shipping and Trading in December last year in partnership with Lantern Capital Partners and other partners to create a vehicle for investors to access the dry bulk shipping market.

The company completed a $100m equity offering in March to fund the acquisition of a fleet of five capesize vessels and one ultramax vessel from Carras for $97.5m.

Since March, Goodbulk has acquired nine bulkers in total growing its fleet to 10 vessels.

Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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