Genco sells second bulker to Monte Nero Maritime

Genco sells second bulker to Monte Nero Maritime

Low key Greek tanker owner Monte Nero Maritime has snapped up its second bulker in a month, broker sources tell Splash.

The two-year-old outfit made its first bulker entry at the beginning of October, paying $10.4m for the 76,499 dwt Genco Thunder (built 2007). Now broking sources report that the vintage specialist has added a similar aged sister vessel, the Genco Raptor, for a similar price, bringing its fleet up to seven ships.

So far this year the seller of the ships, New York listed, Genco Shipping & Trading, has shaved off a handful of ageing bulkers from its fleet, which still stands above 50 ships in terms of size.

Hans Thaulow

Hans Henrik Thaulow is an Oslo-based journalist who has been covering the shipping industry for the last 15 years. As well as some work for the Informa Group, Hans was the China correspondent for TradeWinds. He also contributes to Maritime CEO magazine. Hans’ shipping background extends to working as a shipbroker trainee with Simpson, Spence & Young in Hong Kong.

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1 Comment

  1. Avatar
    Andrew 5
    November 12, 2019 at 6:49 am

    Panaghi Zissimatos behind Monte Nero?