World Maritime News – Page 160

Ocean Yield Buying New Handysize Bulker with Long-Term Charter

The bulker has a 10-year bareboat charter to a company owned and guaranteed by Interlink Maritime Corp.

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The 325,000 dwt bulk carriers, ordered by an undisclosed Asian owner, would be delivered by June 2021.

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The company’s 83,600 dwt Baru converted from tanker to dry bulk mode after cleaning ops.

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The acquisitions marked the company’s expansion into new areas of LPG.

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Ethane trade on the U.S.-China route has the potential to create demand for about 30 VLECs, Drewry said.

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