Wilson to Acquire Bulker Duo

Lauterjung Group Norwegian shipping company Wilson ASA has signed an agreement with Germanys Lauterjung Group to buy two 2,460 dwt bulk carriers. The vessels in question are MV Arion and MV Hestia and they will be bought for EUR 3.5 million (around USD 3.9 million). As informed, the bulkers will be acquired during the next quarter and subsequently renamed. Arion and Hestia were built at Romanian Vard Tulcea shipyard in 1999 and 2000, respectively. The purchase is said to confirm Wilsons long-term belief in the market within this tonnage segment. Wilson has been operating the two ships on time charter and the bulk carriers will not be added to the companys existing fleet. Currently, Wilson operates a fleet of 119 ships, of which 80 are owned and controlled by the company.