Primebulk bolsters new panamax position

Primebulk bolsters new panamax position

Sources link Primebulk to its second bulker within a week. This time the Greek outfit has gone for the Greek controlled Alexandra panamax, spending $4.3m on the 15-year-old ship.

In the past week, Primebulk paid $3.8m for another panamax.

Primebulk has a string of bulkers in its fleet from ultamaxes down to handysizes. The new ships marks its entry into the panamax segment.

Primebulk has also been busy selling some smaller older ships, offloading two handies in the space of a month.

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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