Oslo-based bulker owner Vincent Shipping appears to be looking for attractive asset play deals.
But the company has sharply denied reports that it is ordering three new ultramaxes in China.
“We have no plans of doing so,” said chief executive Jan Lund. “We have definitely not ordered newbuildings anywhere and have no plans of doing so.”
Earlier this year, Vincent Shipping sold the 56,000-dwt Vincent Gemma (built 2010) to China’s Nanjing King Ship Management reportedly for $9.8m.
