Business

Turkiye’s Devbulk conducts more business with Maestro Shipping

Fast-growing Turkish owner Devbulk has paid some $28 million to Swiss outfit Maestro Shipping for the Maestro Sapphire, a 39,800 dwt bulker built by Japan’s Saiki Shipbuilding in 2020. The high-spec open hatch box shape bulk carrier will be renamed Devbulk Servet.

This is the third purchase from Maestro in under a year. Last spring, the Deval family added two other ships from the same outfit. Also,these ships were built at the same yard as its latest purchase.

Open hatch specialist Devbulk has a healthy fleet of 12 ships built at yards across Japan, China and Vietnam. The company can trace its roots back to 1895.

Source: splash247

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