Port News

Transmed offloads newcastlemax pair

The first newcastlemax sales of the month are ticking in with brokers reporting Charalambos Mylonas-led Transmed has privately let go of two 203,000 dwt, Bohai-built big bulkers, the Newmax and the Cape Kallia, for $38m each. Both ships hit the water in 2012. Newmax is now renamed Rosebank and has been sold to Pioneer Bulk, …

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