Weeks after being reported as the taker of one the six kamsarmaxes from Toisa’s bank driven fleet sale, Pavimar has done a deal again, this time concluding its second successful asset play in the past six months, selling the Imabari built 76,600 dwt Toro for $15.2m, brokers tell Splash.
The deal is noted in one broker report as the most interesting sale of the week. The bulker was bought by the Athens-based company for a price below $8.5m in September 2016.
At the beginning of the year the company sold a second Imabari-built ship, the 51,000 dwt Queen P, to Greek peer Aims Shipping for $12.5m, having bought it for $10m in March last year.
Pavimar is one of the fastest growing bulker outfits over the last couple of years, having bought eight ships since February 2017.