GREAT YUAN
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New Charter fixed
11 to 13 mos - Quindao 9 Sep - $20,500/day - NYK
New Charter fixed
dely China end Nov/early Dec , $16,000, for 10/15 months trading, to Classic Maritime
Sinotrans buys capesizer from Germany’s ER Schiffahrt
Sinotrans Shipping will buy two capesize bulkers at a total price of $98.5m, and at the same time terminated a vessel lease agreement due to payment default by the charterer. Sinotrans has agreed to purchase sister vessels ER Beilun and ER Brazil from Germany’s ER Schiffahrt. The ships are of 178,978 dwt in capacity each
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