Diversified South American owner Ultrapetrol may be on the hunt for bulker tonnage despite a freshly minted deal to shed its last drybulk carrier.

Chief executive, Felipe Menendez.

Speaking at Jefferies' annual shipping and logistics conference in New York, chief executive Felipe Menendez said: "Interesting opportunities lie ahead for acquisitions of bulk vessels in light of the current orderbook situation."



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As TradeWinds has reported, the