Expanding Middle East shipowner Adnoc Logistics & Services (Adnoc L&S) has confirmed the acquisition of its third modern ultramax bulker in 2020.
The Abu Dhabi-based shipowner said the 64,000-dwt ship had been renamed Al Karama (built 2019). The identity of the seller was not disclosed, not where the financial terms.
Last month TradeWinds reported that the shipowner had bought the Isabella Manx for $25.8m
