Greek shipowner and operator Blue Seas Shipping acquired 2011 built kamsarmax bulk carrier 82K DWT MV Sunny Young from Korean shipowner Joong Ang Shipping for around $15 million. Greek Sigalas family-controlled Blue Seas Shipping was established in 2014. MV Sunny Young will be the largest ship in the fleet of Blue Seas Shipping. By the acquisition of MV Sunny Young, Blue Seas Shipping has entered into the kamsarmax segment.
In 2011, MV Sunny Young was built at Daewoo Shipbuilding & Marine Engineering Co (DSME) in Korea. After the sale of MV Sunny Young, Korean shipowner Joong Ang Shipping has left with one (1) kamsarmax and three (3) supramax bulk carriers. Greek shipowners have acquired similar bulk carriers such as 2006 built panamax bulk carrier 74K DWT MV Phoenix Bay and 2006 built panamax bulk carrier 74K DWT MV Underdog for about $8 million each.
In December 2019, Blue Seas Shipping sold 2006 built supramax bulk carrier 55K DWT MV Georgios S to Vietnamese shipowner for around $10 million.
Currently, Greek shipowner and operator Blue Seas Shipping has a fleet of five (5) bulk carriers.