Songa Bulk expands fleet

Arne Blystad led Songa Bulk bought a kamsaramax and ultramax for $43.35 million. After the delivery of latest dry bulk carriers Songa Bulk fleet will be compromised of 9 ships. Up to now, Arne Blystad led Songa Bulk made all its transactions cash basis but Songa Bulk is now considering shareholders through asset sales or dividends.