GoodBulk Ltd. (GoodBulk) (N-OTC: BULK) an owner and operator of dry bulk vessels announced yesterday that it took delivery of the Aquaenna, a 2011 built Capesize vessel of 175,975 dwt built by Jinhai, CHN, on January 9, 2018.

GoodBulk takes delivery of Capesize bulk carrier Aquaenna

The purchase, which is the first to deliver of six option Capesize vessels acquired from funds managed by CarVal Investors (CarVal) on December 20, was financed with a combination of cash on hand, availability under existing credit facilities and the issuance of 240,494 new common shares to funds managed by CarVal.

Following the share issue to CarVal the Company will have 17,463,541 outstanding common shares.

The vessel is currently employed on an index-linked charter until the end of the 1 st quarter of 2018.

Including the Aquaenna, GoodBulk currently has a fleet of 12 Capesize vessels, 1 Panamax vessel, and 2 Supramax vessels on the water operating in the spot market, with an additional 10 Capesize vessels expected to be delivered in the 1 st quarter of 2018.

Source: GoodBulk