ADNOC L&S bulker spending nears $74m with fourth acquisition

ADNOC Logistics & Services has taken its recent bulker buying spree to four ships, committing just under $74m to secondhand tonnage over the past few months, according to sales register data from VesselsValue. The latest purchase to emerge is the Aliya, a 61,500 dwt ultramax formerly named Haato, which was sold by Greek owner Newport. … Read full article →