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Karadeniz adds OBO

Brokers reports that Karadeniz Holdings’ bargain basement run of bulker acquisitions continues. This week brokers link the Turkish player to a rare Norwegian OBO.

The company which has pioneered floating power stations has showed up often in broker reports lately as the buyer of elderly capesize conversion candidates.

This time Karadeniz has set its eyes on its first OBO, the 110,000 dwt SKS Tana, for $7m from Bergen-based Kristian Gerhard Jebsen Skipsrederi.

Taking advantage of low prices, Karadeniz has actively picked up secondhand tonnage at cheap prices.


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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