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Nissen Kaiun panamax picked up by the other George Economou

Photo of Grant Rowles Grant RowlesJanuary 9, 2018
66 Less than a minute

Imabari-built panamax bulker Golden Heiwa has been sold by Japan’s Nissen Kaiun to Greek owner Gleamray Maritime at a price in the region of $13.3m broking sources inform Splash.

Gleamray was founded by civil engineer George Economou in 1988, and has built up a fleet of 14 Chinese built bulkers predominantly made up of panamaxes.

This latest acquisition will take the Gleamray fleet to 15, and the Golden Heiwa the first Japanese-built vessel in its fleet.

The 2007-built vessel had previously been chartered out by Nissen Kaiun to John Fredriksen’s Golden Ocean. Splash understands it will be renamed by Gleamray to Kona Trader.

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Photo of Grant Rowles Grant RowlesJanuary 9, 2018
66 Less than a minute
Photo of Grant Rowles

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.
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