Berge Bulk boss James Marshall has put words into action with the purchase of a second-hand capesize bulker.
Marshall is already behind the world’s fifth largest capesize fleet and last week predicted rates could reach $50,000 by the end of 2018.
Berge Bulk’s latest purchase is its first this year and only its third in the S&P market since the end of 2013, according to data from VesselsValue.
