A large deal for the purchase of used bulk carriers was reportedly closed by EuroDry.
According to media sources, the company is behind the acquisition of the ultramaxes Cape Cros, Galileo, (built in 2014) Sadlers Wells and Giants Causeway (built in 2015).
Brokers reported that the total price of the acquisition was close to 86 million dollars. This means that each ship, built in 2014, cost 21 million dollars and those in 2015, 22 million dollars each.