Brokers reports that Karadeniz Holdings' bargain basement run of bulker acquisitions continues. Brokers link the Turkish player to a rare Norwegian OBO.
The company which has pioneered floating power stations has showed up often in broker reports lately as the buyer of elderly capesize conversion candidates.
This time Karadeniz has set its eyes on its first OBO, the 110,000dwt SKS Tana, for US$7m from Bergen-based Kristian Gerhard Jebsen Skipsrederi.
Taking advantage of low prices, Karadeniz has actively picked up secondhand tonnage at cheap prices.