“This 2010 Hyundai Vinashin shipyard-built 56 000 DWT dry bulk vessel fits well with our core fleet, with carbon dioxide fitted holds able to transport premium cargo under our customer contracts of affreightment and spot trades. We have operated the ship for the past year on a charter-in basis, and it has performed well for us," said Pangaea's Chief Operating Officer, Mads Boye Petersen. “We are committed to providing our clients with excellent service through our flexible owned and operated fleet. This ship, to be named Bulk Sachuest, will bring our owned fleet to 25 and is another step in our efforts to maintain our owned fleet with high quality and efficient tonnage.”