Doriko pockets $2.6m from panamax flip

Doriko pockets $2.6m from panamax flip

Low profile Korean owner Doriko has sold 2005-built panamax bulker DR Bravo for $12.5m, broking sources tell Splash.

The Japanese-built 76,800 dwt vessel, due for dry-docking in July, was sold to Greek owner Omicron.

Doriko bought the vessel, formerly named Alessandro Volta, from Fuyo Kaiun in March 2017 for $9.9m. The price was viewed as firm at the time, but looks a good bit of business making the company a $2.6m profit.

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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