Thai bulker owner Thoresen Thai Agencies (TTA) has confirmed the purchase of the open-hatch bulk carrier Beautiful Queen (built 2002).

TradeWinds reported in its paper edition on Friday that the owner had acquired the 47,100-dwt vessel from Winland Shipping of China for $37.5m.



In an announcement to the Stock Exchange of Thailand on Monday TTA named the purchase price as $37m for the PT Pal-built handymax.



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