Hong Kong handysize owner Taylor Maritime has been linked to another two Japanese-controlled bulkers in another apparent move to boost its fleet.
The company is said to have acquired the 32,000-dwt Elliot Bay (built 2009) for $11.7m from Yamamaru Kisen and the New Izumo (built 2010) for $12.7m from Kyowa Sansho. Both were constructed at Japan's Kanda Shipbuilding.
The prices are in line with what the Ed Buttery-controlled private company paid in February when it bought two other Japanese-controlled handysizes in an unreported deal.
Taylor Maritime paid $11.2m for the Kanda-built, 32,000-dwt Kumano Lily (built 2009) and $10.3m for the 33,000-dwt Star Lily (built 2008).
VesselsValue says Taylor Maritime has a fleet of 18 bulkers on the water plus four to be delivered — all handysizes built in Japan.
The company bought its first vessel in 2014 and acquired as many as eight units last year.
Buttery could not be reached for comment this week.
