Brokers said that India's Great Eastern has snapped up the seven-year-old 179,000dwt Hanjin Cape Lambert.
The ship has not been on the market for a long time but still fetched a solid US$19.5m despite a recent dip in the Baltic cape index. The sale showed that modern capesizes continue to attract attention, notes one broker. VesselsValue.com prices the Hyundai Heavy Industries built bulker at US$18.21m. The acquisition doubles Great Eastern's cape fleet having bought the 179,000dwt Cape Althea from Japan's K Line in June.
Great Eastern Takes 2nd Cape
2016-10-28
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Source:Splash
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