Two companies controlled by C Transport Maritime (CTM) have bought supramax and ultramax bulkers in an off-market transaction and are on the hunt for more.
CTM chief executive John Michael Radziwill told TradeWinds that Carras Ltd and CBC Holding have bought a Chinese-built, 63,000-dwt ultramax and a Japanese-constructed, 55,000-dwt supramax.
Radziwill declined to give specific details but said the vessels are between eight and 10 years old, and were acquired during the past month at prices in line with the market.
