The highly active S&P markets continue with notable activity in the bulker sector.
This week, a famous Greek name has emerged at the top of multiple broker reports.
Greek owner NGM Energy is reported to do what it does best, pocketing millions from buying and selling ships.
This time, NGM Energy has sold a cape – the 2010-built Epic – that it added four years ago for $18m, selling it in a rising market for $32.5m to undisclosed interests.
The ship was a cash cow for NGM, who added it from Stamatis Molaris-led Alma Maritime when it was named Cape Leonidas.