Dry CargoEurope

DryShips offloads ageing panamax pair

George Economou’s DryShips has trimmed its fleet by two, selling a pair of 2002-built panamax bulkers for a total of $18.8m.

The two vessels, which match the description of the Bargara and Mendocino, were sold to an unaffiliated buyer with delivery scheduled for the third quarter of 2018.

DryShips will be left with nine panamax bulkers after the sale is completed, all of which are trading in the spot market.

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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