Broking sources link George Economou’s private outfit, TMS Dry, to the purchase of the 77,000 dwt Sea Vision, a six-year-old Japanese controlled panamax. The ship is noted sold for $29m. The ship is in good shape and is both scrubber and ballast water treatment system fitted.
The last time Economou broke cover in the S&P market was at the beginning of August when another bulker arm, Dryships, reentered the limelight. The Greek owner was reported spending some $75m for two Qingdao Beihai-built capes.
The Economou Group has a string of sister companies in dry including Cardiff Marine and Classic Maritime. A total of 45 bulkers are listed under the Economou Group.