Pacific Basin acquires 6 secondhand bulk carriers

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Pacific Basin has announced the acquisition of six secondhand vessels for USD 124.6 5 million.

Specifically, the company has agreed to buy four ultramaxes – three built in 2012 and one in 2016 – a 2012-built supramax and a 2016-built handy bulker, all constructed in Japan.

Martin Fruergaard, CEO of Pacific Basin, said: “We remain committed to our long-term strategy of further growing our supramax/ultramax fleet and renewing our handysize fleet with younger, larger and more efficient vessels, thereby further optimising our fleet to more easily meet tightening environmental regulations. This transaction is a further step in the execution of this strategy, while in parallel we are continuing to cooperate in the investigation and development of zero-emission vessels and investment in related bunkering infrastructure, as we accelerate the transition and make zero-emission-ready vessels the default choice by 2030.”

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