Byzantine Maritime Corporation (BMC)

Athens-based shipowner and operator Byzantine Maritime Corporation (BMC) has augmented its order book in China with another handysize bulk carrier. Marios Stafilopatis-led Greek shipowner and operator Byzantine Maritime Corporation (BMC) is reported to have exercised an option for a fourth 41K DWT (deadweight tonnage) handysize bulk carrier at New Dayang Shipbuilding. Earlier 2023, Byzantine Maritime Corporation (BMC) placed an order for a trio of handysize bulk carriers at the state-owned New Dayang Shipbuilding for around $30 million each, scheduled for delivery in 2024 and 2025, marking its inaugural new buildg agreement in China. Having observed a resurgence in dry bulk carrier new building orders placed by Greeks since the commencement of 2023, spearheaded by shipowners such as Dynacom, Danaos, TMS, Sea Traders, Safe Bulkers, Meadway, Byzantine Maritime Corporation (BMC), Neda, Century Bulk Carrier, etc., it is unsurprising that the Greek shipowners are extending their vote of confidence in the thus far languishing dry bulk freight market. Currently, Athens-based shipowner and operator Byzantine Maritime Corporation (BMC) has a fleet of nine (9) bulk carriers. 26-July-2023

 

Athens-based shipowner and operator Byzantine Maritime Corporation (BMC) has placed an order for three (3) 41K DWT (deadweight tonnage) handysize bulk carriers at a shipyard at New Dayang Shipbuilding in China, with each handysize bulk carrier costing around $30 million. The expected delivery dates for handysize bulk carriers are in 2024 and 2025. This order is marking the first occasion on which Marios Stafilopatis-led Greek shipowner and operator Byzantine Maritime Corporation (BMC) has chosen to work with New Dayang Shipbuilding. In 2018, State-owned SUMEC Group took over Dayang Shipbuilding, which was a bankrupt subsidiary of Sinopacific Shipbuilding. Since then, SUMEC Group has meticulously focused the New Dayang Shipbuilding’s efforts on the construction of bulk carriers, successfully securing numerous bulk carrier orders. 14-March-2023

 

Athens-based shipowner and operator Byzantine Maritime Corporation (BMC) has made the decision to part with their second IHI-built supramax bulk carrier this year, aiming to capitalize on the fervent S&P market. In the month of April, shipbrokers disclosed the successful sale of a 12-year-old supramax bulk carrier MV Yvonne to LA Maritime. Marios Stafilopatis-led Greek shipowner and operator Byzantine Maritime Corporation (BMC) adeptly flipped MV Yvonne, gaining a handsome $3 million after its acquisition in the previous year. Currently, Byzantine Maritime Corporation (BMC) is actively engaged in selling a sister ship supramax bulk carrier MV Lara. The deal comes with a price tag of over $15 million, an impressive $3 million more than the amount MV Yvonne was sold for earlier this year. 14-July-2021

 

Nicholas J. Goulandris company Hydroussa Navigation sold 2012 built kamsarmax bulk carrier 82K DWT MV Magica G for around $16 million to a Greek shipowner and operator. In 2012, MV Magica G was constructed at STX Offshore & Shipbuilding. In June 2017, MV Magica G went through SS (Special Survey). Kamsarmax bulk carrier prices have been rising in S&P (Sale and Purchase) market. In 2019, Athens-based Hydroussa Navigation acquired 2012 built kamsarmax bulk carrier 82K DWT MV Magica G from Greek shipowner and operator Byzantine Maritime Corporation (BMC) for around $19 million. The price tag for the MV Magica G indicates the soaring prices for kamsarmax bulk carriers. Athens-based Hydroussa Navigation controls the bulk carriers in the London-based Nicholas J. Goulandris Group. Currently, Nicholas J. Goulandris Group’s tanker arm Andriaki Shipping controls nine (9) tankers. Currently, Hydroussa Navigation controls eleven (11) large bulk carriers. 15-February-2021

 

Amidst the scorching heat of the second week of October, the supramax segment finds itself in a fervent state, as a select group of esteemed Greek shipowners and operators engage in spirited bidding for bulk carriers. Among the notable contenders, the name of Supramax specialist Mario Stafilopatis and his esteemed enterprise, Athens-based shipowner and operator Byzantine Maritime Corporation (BMC) reverberate as the potential purchaser. Another significant participant in this deal is Athens-based shipowner and operator AM Nomikos. Despite their considerable presence in the sector, both shipowners have maintained a veil of silence in the supramax bulk carrier segment for several years. Greek shipowner and operator AM Nomikos is associated with 23 supramax bulk carriers, while Marios Stafilopatis-led Greek shipowner and operator Byzantine Maritime Corporation (BMC) boasts a fleet of 12 supramax bulk carriers. 11-October-2018

 

Greek shipowner and operator Efploia Shipping Co. SA’s 2010 Korea built panamax dry bulk carrier 80K DWT MV Maverick Genesis will be auctioned on 31 January 2017. In 2007, M/V Maverick Genesis was ordered at the peak of the shipping market for $54 million. Credit Suisse has been trying to sell the ships for credit debts. In December 2016, MV Maverick Genesis sister ship MV Maverick Gunner was also sold at auction to Empire Bulkers for around $13 million. In November 2016, 2012 built panamax dry bulk carrier 83K DWT MV Maverick Guardian was sold at auction to Athens-based shipowner and operator Byzantine Maritime Corporation (BMC) for around $15 million. 18-January-2017

 

Athens-based Byzantine Maritime Corporation (BMC) primarily operates as a ship-management company. Byzantine Maritime Corporation’s (BMC) triumph in ship-management has been founded upon delivering swift, honorable, and dependable services. Marios Stafilopatis-led Greek shipowner and operator Byzantine Maritime Corporation (BMC) fulfills all the demands and expectations of today’s shipowners while upholding a fleet of superior ships built to the highest technical standards. Byzantine Maritime Corporation’s (BMC) commitment to cost efficiency remains steadfast. Byzantine Maritime Corporation (BMC) also functions as a decentralized fleet management office based in the United States. The US office is strategically organized to oversee a number of bulk carriers owned by clients within their immediate geographic area. Athens-based Byzantine Maritime Corporation (BMC) recruits its fleet through a separate manning office based in the Philippines, which is responsible for the recruitment, training, and career development of all Athens-based Byzantine Maritime Corporation’s (BMC) seagoing personnel. Byzantine Maritime Corporation (BMC) began its operations in the early 1970s and has since maintained a medium to small-sized bulk carrier fleet, primarily serving clients in the North American grain trades. International Chartering Services, Inc. (ICS) and Byzantine Maritime Corporation (BMC) have enjoyed an exclusive client and principal relationship for over three decades, which commenced in 1976. As the exclusive shipbrokers for Byzantine Maritime Corporation (BMC), International Chartering Services, Inc. (ICS) is delighted to announce the addition of six newbuildings from the world-renowned builders IHI at Yokohama, with four (4) of them scheduled for delivery in 2008 and the remaining balance in 2010. These FUTURE 56 type bulk carriers stand as the culmination of Byzantine Maritime Corporation’s (BMC) collective operating experience over the past 30 years, during which Byzantine Maritime Corporation (BMC) has evolved from a small handy-sized operator to a diversified bulk carrier operation with handy, handymax, panamax, and capesize bulk carriers. The primary objective was to cater to the diverse needs of their cargo clients in various North American trades while also expanding into global markets, including the establishment of an operating company for fertilizer imports into Brazil, South Carrier Navigation Corp. This ambitious endeavor has resulted in a wealth of experience, directing Byzantine Maritime Corporation (BMC) towards further expansion into the suprmax bulk carriers that were ordered for delivery commencing in 2008. Presently, Byzantine Maritime Corporation (BMC) has divested all its older bulk carriers in anticipation of taking delivery of these thoughtfully designed IHI ships. New Jersey-based International Chartering Services, Inc. (ICS) is the shipbroker arm of Athens-based Byzantine Maritime Corporation (BMC). 20-July-2016