Hong Kong owner Pacific Basin has struck deals to buy three more second-hand bulkers as its fleet expansion drive continues.
It said: "In the year to date, we have committed to purchase for cash a further three modern second-hand supramax vessels which are scheduled to deliver over the next three months."
These acquisitions will increase the owned fleet to 115 by July, but the company told TradeWinds it would not disclose the names of the new arrivals.
