DryDel secures five-year K Line cover for capesize newbuilds

Greek owner DryDel Shipping has secured long-term employment for all four of its capesize newbuildings, fixing the vessels to Japan’s K Line years before they are due for delivery. The 182,000 dwt quartet, under construction at Namura Shipbuilding, will enter five-year time charters with the Japanese shipping group upon delivery. Two ships are scheduled to … Read full article →