Turkey’s handysize bulker specialist Devbulk has made its first expansion move in several years and may widen its footprint even further.
According to ship management sources in Istanbul, Devbulk has agreed to buy the 34,000-dwt bulker Four Emerald (built 2013) from Italy’s Premuda for $15.2m.
The vessel, which was built at Vietnam's Pha Rung Shipyard, has a ballast water treatment system (BWTS) installed and is not due for special survey until the spring of 2023.
