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GMS adds to its growing operational fleet

GMS, the world’s largest cash buyer of ships for recycling, has been revealed as company to have bought the Energy G kamsarmax.

Splash reported eight days ago on Georgios Feidakis’ privately held Eolos Shipmanagement selling its last ship, pocketing a very tidy sum for the eight-year kamsarmax.

Feidakis, who founded Nasdaq Capital-listed Globus Maritime, has managed to get $15m for the 80,000 dwt Energy G. By comparison, the 81,000 dwt, seven-year-old Trade Vision, belonging to bust Toisa, has just been committed for $14.5m.

GMS looks like it has bought the ship to add to its expanding fleet of ships that it actually operates, which also includes a handysize bulk carrier, two ultramaxes and a feeder boxship.

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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