The Greek outfit has taken its tenth cape, adding the nine-year-old, 180,000 dwt Lowlands Tenacity from Cobelfret for just under $30m says a news article from Splash published on the website.
With the purchase, NGM is joining a string of other prominent Greek owners who have decided that now is the time to bid for big bulkers.
The purchase brings the diversified shipowner bulker arm up to 13 ships, according to data compiled by the online portal, VesselsValue, which also reports that NGM’s tanker arm counts 20 ships.
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