Shandong Shipping acquires Japanese capesize

Chinese state-run shipping firm Shandong Shipping has acquired the 2008-built 207,900 dwt capesize bulker according to brokers. Both Seasure Shipbroking and Advanced Shipping and Trading report that Shandong Shipping bought the Japanese-built vessel from Japanese owner NS United Kaiun for a price of $18.9m. VesselsValue’s valuation on the vessel is $18.8m. Shandong Shipping currently owns …

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