Owner and operator of dry bulkers GoodBulk Ltd. has expanded its fleet with a 2011-built Capesize vessel – ‘Aquaenna’. The 176,000 dwt bulker, which was constructed by China’s Jinhai Intelligent Manufacturing, was handed over to its new owner on January 9, 2018.
Aquaenna is the first ship from the batch of six Capesizes acquired from funds managed by CarVal Investors on December 20. The unit was financed with a combination of cash on hand, availability under existing credit facilities and the issuance of 240,494 new common shares to funds managed by CarVal.
Following the share issue to CarVal the company will have 17,463,541 outstanding common shares. The Capesize is currently employed on an index-linked charter until the end of the first quarter of 2018.
Including the Aquaenna, GoodBulk currently has a fleet of 12 Capesize vessels, 1 Panamax vessel, and 2 Supramax vessels on the water operating in the spot market, with an additional 10 Capesize vessels expected to be delivered in the first quarter of 2018.
Sea News, January 11