Goldenport Shipmanagement has taken advantage of Eastern Pacific Shipping’s sell-off of smaller vessels for its first bulker sale-and-purchase play of 2020.
The Greek company spent $16.2m to acquire the 61,500-dwt Devongate (built 2014), according to sources close to Eastern Pacific in Singapore.
It becomes the second ultramax in Goldenport’s fleet of 13 bulkers.
