SESODA Corporation has recently purchased another two bulkers from Japanese owner Marubeni and expanded its ship fleet to eight vessels.
According to SESODA, the cost of the transaction is less than $23.0m apiece with a total of $46.0m. The vessels are to be delivered during April to November 2015 and put into services in first half of 2016.
SESODA reveals that six new vessels will be delivered in the second half of this year. The company’s main profits will be from the shipping business.