Navibulgar expanding fleet

Bulgarian Shipowner and Operator Navibulgar expanding fleet. Navibulgar bought 2010 Chinese built 37K DWT M/V Cyan Phoenix $7.2m. In May 2016, Navibulgar bought 2012 built 32K DWT M/V Slavyanka (ex M/V Cabot Aviva) for $6.2m. Bulgarian Shipowner Navibulgar fleet constitutes of 28 dry bulk carriers mostly handy handymax size and 6 New Building handy bulk carriers in Chinese Shipyards.