The Hong Kong based company Pac Basin bought the new bulk carrier D Handy. The vessel was built in 2012 in the South Korean Hyundai Mipo Dockyard and owned by the Taiwan Maritime Transportation company. The deal was singed in the beginning of September 2012 and the price of the contract was 20,000,000 USD. The ship will be delivered to the new owners during the next month and join the fleet of the Pac Basin. The stagnated situation in the cargo carrying and the decreasing the maritime transport, caused serious debt problems to Taiwan Maritime Transportation, which were forced to repay some of the bank loans to avoid bankruptcy. The multi-million sale will highly support the financial crisis of the company and will help it in the hard financial crisis.
The bulk carrier D Handy (IMO: 9588249) has length of 186.00 m and beam of 28.00 m. The gross tonnage of the cargo ship is 23,000 GRT and the deadweight is 37,000 DWT.