Bulk

Bulk player Cetus merges with South American competitor

Relatively new dry bulk operator expands its fleet through acquisition of South American carrier Nachipa Corp.
A dry cargo ship at the port of Antofagasta in Chile. Archive photo. | Photo: Jon G. Fuller/AP/Ritzau Scanpix
A dry cargo ship at the port of Antofagasta in Chile. Archive photo. | Photo: Jon G. Fuller/AP/Ritzau Scanpix
by JENS THOMSEN

Dry bulk carrier Cetus Maritime, a shipowner and operator focused on handysize vessels, has acquired South American competitor Nachipa Corp, according to a press release from Cetus.

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