Maple Leaf Shipping marks 70 years with its first newcastlemax purchase

China’s Maple Leaf Shipping has marked its 70th anniversary by adding its largest vessel to date, emerging as the buyer of a 206,300 dwt newcastlemax bulker. Broker sources tell Splash the privately owned company is behind the purchase of the 2005-built Cape Merlin, which has now been renamed ES Bright Sea. Maple Leaf is one …

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