Courage Marine offloads last bulker

Hong Kong listed ship owner and operator Courage Marine sold its last supramax dry bulk carrier 2011 built 57K DWT M/V Zorina for $7 million to Universal Ship Investment Corp. After selling all its fleet ship owner and operator Courage Marine will be repaying the bank loan for ships. In January 2016, Hong Kong listed ship owner and operator Courage Marine raised $12.5 million to use as general working capital or funding of “attractive investment opportunities”. Majority of the shares of Hong Kong listed Courage Marine is controlled by Paul Suen Cho Hung.