Castor acquires first capesize bulker
Company was previously focused on panamaxes but sees it as ‘an opportune time’ to move up in size
The Petros Panagiotidis-led owner said it had agreed a purchase price of $17.5m for the vessel, but only identified it as a capesize built in 2006 in Japan. However, the description matches the 15-year-old, 180,200 dwt Ocean Compass built by the Imabari Shipbuilding Saijo shipyard