Dry CargoGreater China
Pingtan Minghui Shipping acquires supramax bulker via acution
Fujian owner Pingtan Minghui Shipping has acquired the 2006-built supramax bulk carrier Polestar via an online auction arranged by Wuhan Maritime Court.
The vessel was sold for RMB58.74m ($9.28m).
The vessel was previously owned by Greek company Tortuga Navigation, but was detained by the court at the request of the ship’s crew due to a salary payment dispute.
Pingtan Minghui Shipping mainly operates in the domestic bulk shipping business with a fleet of four bulkers.