Grindrod sells handy bulker as it strikes charter and purchase option deals

Singapore-based bulker owner Grindrod Shipping has announced a sale of another bulk carrier as well as several charter deals. The Ed Buttery-led company sold the 2007-built handysize bulk carrier IVS Kingbird for $10.4m which, according to Grindrod is a 1.5% premium to carrying value. Delivery of the 32,600-dwt vessel to the new owners is expected …

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