Pacific Basin looks to expand its fleet

The firm, which has US$753 million for vessel acquisitions, has already spent US$122 million since September to acquire eight dry bulk ships. These comprise seven secondhand Handysize and Handymax vessels and a new Handysize which was sold by a shipyard after the original owner failed to take delivery.

via Business feed http://www.scmp.com/business/companies/article/1164239/pacific-basin-looks-expand-its-fleet