Port News

Erasmus Shipinvest makes capesize debut

Erasmus Shipinvest Group has moved into the capesize segment, picking up its largest ship to date.  Brokers reported in late August that undisclosed Greek interests had paid $26.2m for the Frontier Bonanza, a 179,000 dwt capesize built in 2010 at Hyundai Heavy Industries. Market sources have since linked the deal to John Su’s Erasmus.  Founded …

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