Hong Kong handysize and supramax owner Pacific Basin Shipping is looking forward to closer ties with old friends in Japan after a five-ship acquisition that made Imabari Shipbuilding and Tsuneishi Shipbuilding shareholders in the company.
But a further reported ultramax purchase is a mirage, says chief executive Mats Berglund.
This week brokers were reporting the sale of the Imabari-built, 61,200-dwt Seto Gloria (built 2016) to an unnamed Hong Kong owner for a reported $23.5m.
