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Empire Bulkers pays $8m for panamax

Empire Bulkers pays $8m for panamax

Empire Bulkers pays $8m for panamax
11 January 2017 - 14:00 - Update: 11 January 2017 - 17:15


One of 2016’s busiest bulk sellers has sold a ship to one of the year’s busier buyers. Empire Bulkers of Greece has paid $8m for a panamax bulker controlled by Japan’s Nissen Kaiun. The Imabari-built, 11-year-old 76,596 dwt Red Jasmine was inspected by a number of owners before Empire won the rights to it.

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