Greek owners hungry for Toisa fleet

Greek owners hungry for Toisa fleet

Brokers tell Splash that the Toisa fleet sale is nearing completion, ending one of the most reported court sales in shipping history. The 20-ship sell off also likely brings an end to the colourful 50-year shipping career of Greek national, Gregory Callimanopulos. The sale of his 13 tankers and seven bulkers was kicked off by a New York bankruptcy court at the start of April.

Brokers report four more ships were sold in the last few days bringing the tally up to 15 ships sold so far. Interestingly all ships are linked to traditional Greek owners. Diamanti Diamantides’ Marmaras was linked to the first two bulkers, with Delta Tankers, another Diamantides company, also taking one tanker and Avin International in on the act as well.

No official data is revealed in the ongoing sales process.

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.

Related Posts