Dry CargoEurope

Victor Restis snaps up capesize from Orion Bulkers

Victor Resits led Enterprises Shipping and Trading (EST) has added to its fleet with the acquisition of a capesize vessel from Germany’s Orion Bulkers, according to brokers.

Seasure Shipbroking and Advanced Shipping & Trading are both reporting that EST has paid $23m for the 2012-built (SWS) capesize Gotia.

The price is substantially lower than the $24.72m market value according to VesselsValue, possibly due to the vessel having a survey due in April.

Upon completion of the deal, EST will have grown its capesize fleet to ten while Orion will be left with two capesizes in a fleet of 19 bulkers.

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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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