Port News

Pacific Basin has a vintage clear-out

Mats Berglund-led Pacific Basin is shedding a series of vintage vessels from its 81-strong handysize arm, steadily improving its average fleet age. Multiple brokers tell Splash that the Hong Kong dry bulk player has sold the 20-year-old 32,800 dwt, for $3.8m. In April it sold the same aged 31,900 dwt Pacific Logger. In total Pacific …

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