Another dry bulk firm has piqued the interest of other shipowners in the public market.
Konstantinos Konstantakopoulos, chairman and CEO of Greek boxship and bulker owner Costamare, has picked up a major stake in compatriot Nasdaq-listed capesize specialist Seanergy Maritime.
According to a filing to the US Securities and Exchange Commission (SEC), Konstantakopoulos-controlled Longshaw Maritime Investments bought close to 1.02m shares, corresponding to a 5.1% stake in the Stamatis Tsantanis-led outfit.
Although a personal investment by Konstantakopoulos, who also last year swooped for Tsakos Energy Navigation shares, the move on 17-vessel-strong Seanergy fits within Costamare’s expansion, having been recently linked to its first capesize purchases.
New York-listed Costamare has a fleet of 71 containerships and 43 bulkers. The company also has an operating platform that charters in and out bulkers and participates in Harris Antoniou-led leasing business Neptune, which provides financing to third-party owners.
Publicly listed dry bulk players have been making stock exchange headlines of late. US-based owner of 52 ultramax/supramax vessels, Eagle Bulk attracted containership lessor Danaos and Petros Panagiotidis’ bulker and boxship outfit Castor Maritime to take 16.7% and 14,99% stake in the company, respectively.
