Newly formed Harren Bulkers has acquired a post-panamax bulker and taken two sisterships under management.
The Bremen-based company has acquired the 93,000-dwt post-panamax bulker Topas (built 2011).
The vessel has an estimated market value of $18m, according to VesselsValue.
It will be renamed Pablo and is the biggest ship in the Harren Bulkers fleet.
The company will also handle the technical management of two sisterships, which were recently taken over by Lubeck-based Oldendorff Carriers.