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Dry Bulk Sale and Purchase International

Grindrod picks up ultramax with Japanese financing

Singapore-based company buys a 2019-built ultramax that it had been chartering-in from Mitsui as it aims to take advantage of a strong dry bulk market

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The company will bareboat charter back the vessel for a period of up to 15 years as it signs financing with another unnamed Japanese owner

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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