Highton picks up its first cape

Chinese owner and operator Fujian Highton Development is further bolstering its dry bulk fleet with its first capsize purchase. The Shanghai-listed outfit said in a filing it had struck a deal to acquire the 2007-built 178,000 dwt Alpha Prudence, from Greece’s Alpha Bulkers Shipmanagement for $24.75m. Established in 2009, Highton mainly operates in the supramax …

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