Pangaea expands bulker fleet with supramax brace

Nasdaq-listed US bulker owner Pangaea Logistics Solutions is expanding its fleet with two secondhand supramaxes. The Rhode Island-based company said it has struck a deal to acquire 2016-built 58,000 dwt vessels for $56.6m. The vessels were not named, but in a release on Friday, Norwegian bulker owner Belships revealed selling supramaxes Belfriend and Beltide of …

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