GoodBulk Ltd. (“GoodBulk” or the “Company”) today announces that on 15 November 2018 it delivered the M/V Aquapride, a 2012 built Supramax vessel of 61,465 dwt built by Imabari, JPN, to its new owners pursuant to the sale agreement dated 9 July 2018.
The M/V Aquapride was acquired by GoodBulk for a total consideration of $17.0 million and was sold for $20 million, contributing net profit from operations of approximately $2.6 million between being delivered into the Company’s fleet on 1 June 2017 and delivering to the vessel’s new owners on 15 November 2018, resulting in a levered IRR of 51.3%.