Greek owner Kassian Maritime Navigation, controlled by the Pappadakis family, has been identified by brokers as the buyer of 2012-built kamsarmax Sea Ace.
Last week several brokers reported the vessel, built at CSSC Guangzhou Longxue Shipbuilding, as sold by John Fredriksen’s Seatankers to Greek buyers for $18.6m.
Kassian have been active recently, both buying and selling, and have not shied away from bringing in Chinese-built tonnage. Late last year, the company acquired 2013-built panamax Chengyang Eminence, now named Prodigy, from Shanghai Hong Xiang Shipping.
Equasis currently lists Kassian with a fleet of ten bulkers.