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Courage Marine on lookout for more large bulker buys

Courage Marine on lookout for more large bulker buys

Singapore: Courage Marine says it is on the lookout for more large, secondhand dry bulk vessels. The Singapore-listed shipowner has just added two more vessels to its fleet with a tonnage 213,420 dwt, bringing its total fleet to 610,000 dwt. "We have added two vessels in the year so far. Our future strategy is to continue to explore opportunities for increasing our total capacity by keeping a constant lookout for additional large size vessels," said Hsu Chih-Chien, chairman of Courage Marine. The company currently has a total of 10 vessels with 3 handysize, 2 handymax, 4 panamax and 1 capesize dry bulk carriers. [25/05/10]