Apeejay Shipping swaps younger ships for larger, older units in Star Bulk deal

Sumant Ahlawat-led Apeejay Shipping has reshuffled its dry bulk fleet, opting for larger units even at the expense of raising its overall fleet age.  Last week, Greece’s Star Bulk Carriers announced a series of vessel sales. Apeejay Shipping – one of India’s oldest shipping companies – has now been confirmed as the buyer of some …

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