New York-listed Navios Holdings paid $51.4m for a 179,500-dwt capesize built in 2012, its quarterly report said.
TradeWinds reported in September the owner had purchased the Berge McClintock, which matches the description provided today, from Singapore’s Berge Bulk.
Navios has renamed the bunker Navios Ray and funded the arrival via a $31m loan and cash from its balance sheet, its results statement said.
