Another CarVal Vessel Joins GoodBulk

GoodBulk vesselIllustration; Image Courtesy: GoodBulk

Owner and operator of dry bulkers GoodBulk took delivery of a 2011-built Capesize vessel,the Aquacarrier, on May 14.

Featuring 175,935 dwt, the Capesize is the final one to deliver out of the six option vessels acquired from funds managed by CarVal Investors in December 2017.

The purchase was financed with a combination of cash on hand, availability under existing credit facilities and the issuance of 1,150,689 new common shares to funds managed by CarVal.

The vessel, built by China’s Jinhai shipyard, is to be employed in the spot market via the Capesize Revenue Sharing Agreement (Capesize RSA) managed by C Transport Maritime SAM (CTM).

Additionally, GoodBulk informed that it completed the fifth, and final, closing of the December 2017 Rights Offering issuing 268,577 shares for gross proceeds of USD 4.09 million in early May.

GoodBulk controls a fleet of 24 dry bulk vessels, including 21 Capesize vessels, 1 Panamax vessel, and 2 Supramax vessels, with an additional Capesize vessel expected to be delivered by July 2018.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Jul 2018 >>
MTWTFSS
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

TRANSTEC 2018

TRANSTEC 2018 welcomes participants to explore Russian Ports and Shipping development opportunities…

read more >

Europort 2018

From 15-17 May 2018, the 12th edition of Europort Romania willl take place in the IDU Hall in Constanta…

read more >

SMM 2018

This is a must-attend event – a unique opportunity to meet key players, display business strengths, establish new contacts and exchange…

read more >

Defence Safety Conference Supported by The Defence Safety Authority, UK MoD

The Defence Safety Conference is the first of its kind exclusively dedicated to safety across the defence domain…

read more >