China’s Highton swoops on Wilmar kamsarmax trio

China’s Highton Development is bolstering its dry bulk fleet with three kamsarmaxes from Singapore-based conglomerate Wilmar International. The Shanghai-listed outfit said in a filing a deal is in the making to acquire the 2012-built Theresa Jiangsu, Theresa Jilin and Theresa Guangdong for a total of $57.3m. All three ships, estimated by VesselsValue at $54m, are …

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