Maranakis swoops for SK cape trio

Maranakis swoops for SK cape trio

Evangelos Marinakis-led Capital Ship Management has been revealed by brokers as the buyer of three Korean capes belonging to SK Shipping. The Greek tycoon has paid on an en bloc price of $66.5m for the K. Endeavour, K. Adventure and K. Ambition – all built in South Korea in 2011 and 2012.

SK Shipping has been paring back its dry bulk assets all year with more bulkers believed to be in the shop window.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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