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Rhodium Resources enters shipowning with supramax acquisition

Rhodium Resources enters shipowning with supramax acquisition
Singapore based commodity trading company Rhodium Resources has acquired three secondhand supramax bulk carriers, marking the company's entry into the shipowning sector.

According to the latest shipbroking report by Advanced Shipping & Trading, Rhodium Resources has bought Chinese built 57,000 dwt bulk carriers Smolensk, Sibai and Saratov from Russian owner Fesco at a price of $11.9m each.

Rhodium Resources mainly trades iron one, coal and agricultural products and it operates chartered vessels via its fully owned shipping unit Bluefield Maritime.

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