Newport SA, a busy buyer and seller of bulkers, has wrapped up a string of deals that sees it renewing and enlarging a considerable part of its handysize fleet.
The Greek owner has made strides towards that goal in recent weeks with the acquisition of a Japanese-built sistership pair from Lauritzen Bulkers.
Market sources in Athens identify Newport as the buyer of Lauritzen’s 38,200-dwt Milau Bulker and Eva Bulker (both built 2012) for about $44m in total.
