A special purpose acquisition vehicle floated in New York last year by the Saverys family is believed to be on the cusp of its debut purchase.
Hunter Maritime Acquisition is set to snap up a quartet of VLOCs in a deal shipbroking sources are placing at between $114m and $115m.
Hunter - which listed on the Nasdaq and has the backing of other respected shipping investors well-known in the dry cargo market - is said to have secured the bulkers on subjects for 45 days while it seeks shareholder approval for the deal.
Multiple
