Denmark's Navigare Capital is looking to pare back its bulker fleet as soaring values fuel an active sale-and-purchase market.
Market sources said the shipowner has put three of its five bulk carriers up for sale. They are the 63,000-dwt Navigare Bellus, Navigare Beatus (both built 2017) and the Navigare Bonitas (built 2014). All three ships were built in China.
Navigare chief executive Henrik Ramskov did not respond to requests for comment on reports of the sale effort.
