GoodBulk Delivers Supramax

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GoodBulk Ltd. announced the delivery of Supramax vessel to its new owners through a sale agreement initiated in early 2018.

Sale agreement

On November 15, the GoodBulk Ltd. announced the delivery of ‘M/V Aquapride’, a 2012 built Supramax vessel of 61,465 dwt built by Imabari, Japan. The vessel is all set to be delivered to its new owners pursuant to the sale agreement dated 9 July 2018.

A new phase of the journey

The Supramax vessel was acquired by GoodBulk for a total consideration of $17.0 million and was sold for $20 million, contributing net profit from operations of approximately $2.6 million between being delivered into the Company’s fleet on 1 June 2017 and delivering to the vessel’s new owners on 15 November 2018, resulting in a levered IRR of 51.3%.

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Source: GoodBulk