Thailand’s Precious Shipping is said to be lining up a deal to buy four handymaxes from Nisshin Shipping of Japan.
The Khalid Hashim-led shipowner is understood to be paying about $78m for the 39,000-dwt bulkers Western Durban, Western Lima, Western Miami and Western Paris (all built 2015).
Although some brokers have reported the en-bloc deal has been concluded, sources close to Precious told TradeWinds that final negotiations were still underway and closing was imminent.
