Precious spends $66m on ultramax pair

Buyers from last week’s bulker sales are emerging, with Thailand’s Precious Shipping stepping in aggressively — outbidding rivals with just under $66m for its youngest ships to date.  The Bangkok-listed owner is closing in on two Japanese-built ultramaxes, the Jal Kalpavriksh and Jal Kalpataru (66,000 dwt, built 2021, Mitsui, Japan), from Jaldhi Overseas. The en …

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