Courage Marine Group, the dry-bulk shipper, has successfully launched its newly acquired pre-owned 130,000 dwt vessel.

This new vessel, MV Cape Ore (ex-MV Constantinoupolis), joined the fleet yesterday in servicing the Asia region, mainly delivering coal, iron ore and bauxite. With its larger capacity, this vessel will bring greater cost efficiency to the group, says Courage Marine.

With the vessel, the group now has a total of nine vessels with three handysize, two handymax, three Panamax and one Capesize dry bulk carriers, contributing a total tonnage of 526,608 dwt.

The group says it will continue to increase its total number of vessels and capacity in order to strengthen its position in the market.