M-Maritime stays in the flow

M-Maritime stays in the flow

Brokers tell Splash that fast emerging Greek owner M-Maritime has picked up yet another ship, going back to where it all started by snapping up a Japanese-built handysize.

This time the active outfit is adding the 34,500 dwt Namura-built Audrey Tracy from Germany Mineralien Schiffahrt Spedition und Transport GmbH. It’s reported to be paying $17.5m for the ship, a million more than it paid for its first vessel, Avra GR, in November.

Last month the Mytilineos backed company took a 60,000 dwt bulker under construction at Oshima Shipbuilding for around $23m, that will be named Areti GR. It has also been linked to a number of other ships. The outfit has also chartered in tonnage and aims to play in the spot and period market. The line’s parent company is the Athens listed outfit Mytilineos Holdings which is involved in mining and energy.

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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