Precious sends ultramax newbuilds straight back on hire with Jaldhi

Thailand’s Precious Shipping has moved quickly to line up work for two ultramax bulker newbuilds it has just acquired from Jaldhi Overseas, fixing both vessels straight back to the Singapore-based outfit on long-term, index-linked charters. The Ubon Naree has been fixed for 24–26 months at a gross variable rate equivalent to 115% of the Baltic …