Real-estate tycoon Robert M Behringer has emerged as being behind a collapsed four-ship resale deal at China’s Sainty Marine that may have looked good at April’s prices but less attractive in a market glutted with ultramaxes.
The Texan’s Hamburg-based shipping investment vehicle, Corbita, is left with one supramax — the 57,000-dwt Corbita (built 2011) — in its fleet and unknown future plans.
