Greek tycoon Mytilinaios Evangelos continues to build a sizeable dry bulk fleet. His dedicated shipping arm, M-Maritime has been linked to several ships in the first couple of month of the year.
Sources tell Splash that the Greek owner has taken the SPP-built, 35,000 dwt Trading Fabrizia from Italian owner d’Amato for $9m. The Trading Fabrizia was reported sold earlier this month.
from Italian owner d’Amato for $9m. The Trading Fabrizia was reported sold earlier this month.The ship had been under court arrest in Jamaica since October last year.
In addition M- Maritime is also linked by brokers to the purchase of a couple of Oshima-built newbuildings, which are around 61,000 dwt in size.
In November M-Maritime had its first acquisition, taking Chowgule Steamship’s youngest ship, Maratha Premier, a 34,900 dwt bulker, for $16.5m. This ship is now renamed Avra.Gr.
In December brokers linked the company to the 64,000 dwt Caravos Melody ultramax resale. No sale was however finalised and a Chinese owner ran away with this ship.
Mytilineos Holdings is a diverse industrial conglomerate involved in power production, mining, metallurgy and defence equipment manufacturing and lays claim to being among Greece’s largest heavy industries groups.
