Bulker operator Western Bulk Chartering has flipped another ultramax it has had on long-term charter into the market for profit.
The deal means the Oslo-listed bulker firm has used the last purchase option in its trading book.
Western Bulk said it declared a purchase option it had on the 63,500-dwt Western Fuji (built 2020), buying the vessel from Nisshin Shipping of Japan for an undisclosed price.
