Devbulk sells handy to HMM for a swift profit

Capt. John

Turkey’s Devbulk has made a smart asset play, pocketing millions from a handysize it picked up four months ago. Brokers report Devbulk has sold the Japanese-built, seven-year-old SSI Daring to South Korea’s HMM for $26.7m. Devbulk had picked up the 36,228 dwt ship from Lauritzen for $24m in March. ...

https://splash247.com/devbulk-sells-handy-to-hmm-for-a-swift-profit/

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