A fund controlled by Ebridge Capital, a Shanghai-based ship finance player, has emerged behind a big-ticket transaction for the Angelicoussis Shipping Group’s mini-capesize fleet.
TradeWinds reported earlier this month that Angelicoussis company Maran Dry Management had agreed to sell at least seven of its eight vessels in that class to unidentified Chinese interests for about $200m.
In an email to TradeWinds on Tuesday, managers at Ebridge Capital confirmed their company has bought the entire fleet.