Chinese owner Seacon Shipping continues to expand its large bulker fleet, having sealed its third capesize acquisition this year.
Shipbroking sources reported last week that the 2008-built 207,900 dwt capesize bulker Shin Ei was sold by Japanese owner NS United for a price of $18.9m, lower than VesselsValue‘s valuation of $21.8m.
was sold by Japanese owner NS United for a price of $18.9m, lower than VesselsValue‘s valuation of $21.8m.Early market talk linked the acquisition to Shandong Shipping, but Splash can reveal that the buyer is actually Shandong-based Seacon Shipping.
Seacon Shipping acquired another two capesize bulkers earlier in the year, taking the Aquajoy in February and Pacific Oak in July.
