Nasdaq-listed dry bulk shipowner Pangaea Logistics Solutions has announced the acquisition of a secondhand 53,000 dwt supramax bulk carrier.
The 2009 Japanese-built vessel, to be named Bulk Spirit, will join the company’s fleet in early 2019 and increase the company’s fleet to 20 vessels.
The purchase price for the vessel is $13m.
“This 2009 Japanese built 53,000 dwt dry bulk vessel, with 30 ton cranes and grabs, fits perfectly in our operating fleet, and will support our clients’ dry-bulk cargo requirements,” said Ed Coll, Pangaea’s chief executive officer.
Splash understands the ship is Nikkei Dragon, owned by Japanese owner Tamai Steamship.