Songa Bulk bought Turkish kamsarmax

Hermann Billung controlled shipowner and operator Songa Bulk bought 2011 built kamsarmax 80K DWT M/V Flama. Including M/V Songa Bulk expanded fleet to five dry bulk carriers. Songa Bulk bought 2011 Korea built kamsarmax 80K DWT M/V Flama for $14.8 million and renamed M/V Songa Flama. In January 2017,  shipowner and operator Songa Bulk bought 2010 Korea built panamax dry bulk carrier 81K DWT M/V Maverick Genesis at auction for $13 million.