Singapore-based bulker owner Berge Bulk has expanded its fleet by acquiring a newcastlemax from Fukujin Kisen.

Brokers indicate the Universal-built 203,000-dwt Cape Daisy (built 2006) fetched $12.8m. The vessel is due for special survey in April.

The Cape Daisy was owned by Japan’s Fukujin Kisen and was operated under the commercial control of K Line. It was employed mostly under a long-term freight agreement with JFE Steel Corp.