Dry CargoEurope

Euroseas scraps bulker

Greek owner Euroseas is scrapping 1997-built dry bulk carrier Eleni P, the oldest dry bulk vessel in its fleet.

Euroseas says the 72,119 dwt vessel will be delivered to the scrap buyer at the beginning of January 2017. The vessel will be replaced by the Capetan Tassas, a 2000-built 75,100 dwt vessel the company acquired in November.

Aristides Pittas, chairman and CEO of Euroseas, commented: “This transaction is an overall positive development for Euroseas and showcases our ability to take advantage of market opportunities to renew our fleet.”

Once all deals are completed Euroseas will have a fleet of 14 vessels, made up of six bulkers and in 8 feeder containerships.

Tags

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.
Back to top button
Close
Close