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Diligent Holdings continues rapid expansion with supramax buy

Greece’s Diligent Holdings and Dimitris Michalos continue to snap up Japanese supramaxes at pace.

Seasure Shipbroking is reporting that the Greek company has paid $12m to Japan’s Mitsui Soko for the 2008-built supramax Alster Bay.

Once delivered, the Alster Bay will grow the Diligent fleet to twelve vessels, split evenly between handysizes and supramaxes.

Just three years ago, Diligent was a single-vessel owning company. It went on a handysize spree in 2016 and 2017 to take its fleet to six vessels, then switched its attention to supramaxes at the beginning of 2018, adding five supramaxes through the year.


Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.
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