Pacific Basin 770x549

Pacific Basin linked with another bulker buy

Pacific Basin

Pacific Basin linked with another bulker buy

Hong Kong owner Pacific Basin has made its second acquisition in a week according to brokers.Seasure Shipbroking reports that the company has paid $14.5m to Japan’s Tachibanaya Co for 2011-built supramax Ghent. The Tsuneishi Zhoushan-built vessel is valued at $13.96m by VesselsValue.com

Seasure Shipbroking reports that the company has paid $14.5m to Japan’s Tachibanaya Co for 2011-built supramax Ghent. The Tsuneishi Zhoushan-built vessel is valued at $13.96m by VesselsValue.com.

Last week, Splash reported that Pacific Basin had snapped up a pair of ultramaxes from Tufton Oceanic.

Pacific Basin recently said in its annual report that it will continue to opportunistically buy good quality secondhand ships.