A second New York-listed owner is circling a clutch of modern ultramaxes owned by Tiger Group just weeks after a peer was unable to close a deal on the bulkers.
Genco Shipping & Trading has had discussions with Tiger’s Greathorse International about the series of four or five ultramaxes built at Chengxi in 2015, a source confirms this week.
Genco’s interest comes after another US-listed owner, Eagle Bulk, was not able to come to terms with Tiger on the same ships a few weeks ago, as TradeWinds reported 4 August.