Eastern Pacific Shipping

Idan Ofer led Singapore based shipowner and operator Eastern Pacific Shipping made a quick profit on a capesize dry bulk carrier which was bought for $18 million in November 2016 and sold for $28 million. Eastern Pacific Shipping bought capesize dry bulk carrier 2009 built 179K DWT M/V Mount Meru (ex M/V Hanjin Cape Lambert) for just $18 million in November 2016 from bankrupted Hanjin Shipping. Now, Eastern Pacific Shipping sold the ship to Arne Blystad’s Songa Bulk for $28 million. Singapore based shipowner and operator Eastern Pacific Shipping has a fleet of 80 ships.