Another Second-Hand Bulker to Join Capital Maritime

Capital Maritime Japans Nisshin Shipping has entered into an agreement to sell its 2012-built Capesize bulk carrier to Greek shipping firm Capital Maritime and Trading, according to data provided by VesselsValue. The 180,000 dwt Gran Trader, which features a length of 292 meters and a width of 45 meters, was purchased for a price of USD 22.5 million. Built by South Korean Sungdong Shipbuilding and Marine Engineering, the bulker has a market value of USD 23.6 million. The vessel, which is Capital Maritime and Trading latest addition, will join the companys fleet of 16 vessels, two of which are bulk carriers. In September 2016, the company bought another Capesize for a price of USD 20.5 million. Purchased from German-based ER Shiffahrt, the 2010-built ER Boston was constructed at South Korean Hyundai Heavy Industries. World Maritime News Staff