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Winning fleet expansion continues

The aggressive Chinese outfit Winning has again snapped up another aging cape. The new purchase brings its secondhand purchases to eight ships in the last five months. Sources tell Splash that the Singapore headquartered Winning has bought the 171,000 dwt SA Fortius.

At the end of May the sister vessel SA Altius was linked to China, and by some to Winning, but sources say, this is not correct, it is only SA Fortius that has ended up with Winning. SA Altius was reported sold for $7.8m. Both vessels were sold from Greek owner Victor Restis.

The Chinese player’s cape expenditure is fast approaching the $150m mark so far this year.

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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