Karpowership flips newcastlemax to Winning Shipping

In a surprise move, Turkey’s Karpowership has flipped a newcastlemax bought earlier this year. Normally vessels acquired by Karpowership are bought with a view to converting them into floating power stations. No so with the 15-year-old Karadeniz Powership Rauf Osman Bey, which has just been sold to Winning Shipping for $33.5m. The Universal-built newcastlemax, acquired …

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