South Korean shipowner Boyang is entering a recently acquired panamax bulker into the Klaveness-run Baumarine pool.
The Boyang Garnet (built 2007) is scheduled to join the pool in October, the Norwegian shipowner has confirmed.
The Seoul-based shipowner is said to be expanding from its traditional reefer business into dry bulk through the recent acquisition of the 2007 built panama.
“We know Klaveness to be a reputable manager from our reefer business and joining the pool will play an important role in growing our dry bulk business,” Boyang president Ilho Kim
Klaveness’ head of pool management Hans Næss Olstad commented: “An increasing number of customers see great value in having a robust cash flow and good market coverage in a volatile...