Eastern Pacific Shipping (EPS) has purchased a secondhand capesize bulker, continuing an effort to refocus its dry bulk fleet on larger vessels, while shedding smaller tonnage.
A source familiar with the deal said the Singapore company bought the 180,200-dwt Graceful Madonna (built 2010) from Japanese tonnage supplier Doun Kisen for $20m. It was constructed at Imabari Shipbuilding.
“Graceful Madonna is a good vessel built by a Japanese shipyard.
