Vietnam’s fastest growing owner and biggest handy specialist, Haiphong- based Tan Binh, continues to add ships, adding a third handysize bulker so far this year.
Broker sources tell Splash that the outfit has added the 15-year-old, 28,000 dwt Japanese-built Ratu Tembaga for just under $6m.
The owner has timed the market well, adding most of its ships when prices have been at rock bottom. This year the active buyer has been taking advantage of the uncertainty in the dry cargo sector.
At the beginning of April brokers reported that Tan Binh had snapped up the 33,700 dwt bulker Global Prosperity for $8.4m, this deal is still to be confirmed. Seven weeks ago Tan Binh added its first Japanese-built handysize bulker for the year, taking another 2004-built handysize bulker Estia, a ship that is now renamed Tan Binh 256. The Vietnamese company has now added 17 ships since 2014 if the latest deals are confirmed.