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SR Shipping in for Another Japanese Supramax

2016-10-27
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Bangladesh-based SR Shipping is linked to another supramax and it is no surprise that the active outfit is being touted as the buyer of a Japanese-built ship.

This time it's an Oshima-built ship that SR is buying, brokers said. The bulk specialist is laying US$12m on the table for the 54,000dwt bulker Falcon Trader 2, a price in line with market levels according to online portal VesselsValue.com.

The Falcon Trader 2 was in the shop window earlier this year. When it was first for sale in January it was priced at US$8.5m – its eventual price today shows how Japanese bulker tonnage prices have firmed throughout 2016.

Source:Splash