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GoodBulk takes delivery of additional capesize vessel

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Dry Bulk,

GoodBulk Ltd, an owner and operator of dry bulk vessels, has taken delivery of the Aquabridge, a 2005-built capesize vessel of 177 106 DWT built by Namura, JPN. The purchase.

This purchase, which is the second delivery of a six option capesize vessels acquisition from funds managed by CarVal Investors on 20 December, was financed with a combination of cash on hand, availability under existing credit facilities and the issuance of 180 542 new common shares to funds managed by CarVal. Following the share issue to CarVal, the company will have 17 644 083 outstanding common shares. The vessel is currently employed on an index-linked charter until the 3Q18.

Including the Aquabridge, GoodBulk currently has a fleet of 13 capesize vessels, one panamax vessel, and two supramax vessels on the water operating in the spot market, with an additional nine capesize vessels expected to be delivered in 1Q18.

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Dry bulk shipping market Capesize news Dry cargo news