Mercuria, a commodity trader best known for its involvement with tankers, has expanded its fledgling bulker operation with yet another capesize emerging in its fleet.
The S&P Global shipping database lists United Arab Emirates-based unit Mercuria Energy Trading DMCC as the new manager of the 169,100-dwt Bulk Northville (built 2010).
This is a capesize that several brokers reported as sold at the end of February by Norwegian lessor Sole Shipping to undisclosed buyers at a price slightly above $21m.