GoodBulk Takes Delivery of Another CarVal Capesize

GoodBulk vesselImage Courtesy: GoodBulk

Owner and operator of dry bulk vessels GoodBulk Ltd. has expanded its fleet with a 2009-built Capesize vessel, the Aquamaka.

The company took delivery of the 179,362 dwt unit, constructed by South Korea’s Hyundai Heavy Industries, on April 27, 2018.

Aquamaka is the final out of the seven initial Capesize vessels acquired from funds managed by CarVal Investors in October 2017.

The company said that the purchase was financed with a combination of cash on hand, availability under existing credit facilities and the issuance of 1,280,000 new common shares to funds managed by CarVal.

Including the Aquamaka, GoodBulk has a fleet of 25 vessels, consisting of 22 Capesize vessels, of which two are expected to be delivered by July 2018.

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