Norwegian owner Arne Blystad is returning to the dry bulk market after a five-year absence with the purchase of a modern handysize, acquiring the Jiangsu Zhenjiang-built, 32,000-dwt Western Stavanger (built 2010) for $6m.
This is likely to be followed up by more acquisitions in the dry market by an owner known for its good timing in sale-and-purchase (S&P). TradeWinds understands that the next deals could be in the ultramax or kamsarmax sectors.
The
