Pacific Basin has made a rare excursion into the secondhand bulker market, picking up a scrubber-fitted ultramax for an undisclosed price.

The Hong Kong-listed owner gave few other details away as to the identity of the ship other than to say it was built in Japan in 2011.

“This is our first vessel purchase since December 2021 and is consistent with our long-term strategy to grow our supramax fleet,” the shipowner said.