GoodBulk Buys Secondhand Capesize

Monaco-based owner and operator of dry bulk carriers GoodBulk has decided to expand its fleet with a 2007-built Capesize vessel.

The company entered into an agreement with an undisclosed party to acquire the 174,000 dwt vessel built by China’s Shanghai Waigaoqiao Shipbuilding.

As informed, the bulker is scheduled to be delivered to the company in June 2018 and is expected to be funded with cash on hand and availability under existing credit facilities.

What is more, GoodBulk said it delivered the 2003-built bulker Aquabeauty to its new owners. Earlier this year, the company sold the Capesize bulker to unidentified Greek buyers in an effort to modernize its fleet.

Following the latest fleet reshuffling, GoodBulk will have a fleet of 25 bulkers, comprising 22 Capesize, one Panamax and two Supramax vessels.