SB add Cape vessel

During the second half of 2021, SB sold a Chinese bulker. I questioned the move, and got into back-and-forth argument with a diehard SB bull.…

Here we are, about seven months later, and SB decided to add a similar vintage (2012) Cape vessel. Vessel is also from a Chinese yard.…

Some unknown variables

  • Did the sold Kamsarmax have some operational shortcomings?
  • Did SB selling the Kamsarmax avoid a drydocking?
  • Has the Cape acquisition already completed its 2nd drydock?
  • What is the operational history of the Cape acquisition?