Chinese player rapidly builds up vintage cape arm

Zhangjiagang Oceanicwit Shipping is on a relentless shopping spree, showing no signs of slowing down.  Within weeks, the Chinese bulker operator, with over 20 vessels in its fleet, has secured two more ageing capesize vessels from prominent Greek sellers.  Splash can reveal that at the end of August, it acquired the 18-year-old Maran Prosperity from Maran Dry, …

splash247