Hong Kong’s Courage Investment Group has changed its tune on shipping and is considering reinvesting in vessels instead of selling down in favour of other business lines.
The former Courage Marine is down to two vessels but is now contemplating acquiring a third.
“We are looking for a supramax or an ultramax, depending on the price,” chief financial officer Carl Yuen Chee Lap confirmed to TradeWinds, laughing at the idea that the company had been planning to get out of shipping.
