Hong Kong-based dry bulk owner Pacific Basin Shipping has decided to expand its fleet as it reached an agreement to buy the 32,000 dwt Handy bulker Ocean Harmony, according to data provided by VesselsValue. Ending an 18-month buying drought, the company is reportedly paying USD 9.6 million for the 176-meter-long bulk carrier, owned by Japanese … Continue reading Pacific Basin Ends 18-Month Buying Drought