Greek shipowner and operator Carras Hellas S.A. is selling panamax dry bulk carrier 2001 built 75K DWT M/V Elpis 1 (ex M/V Leto). M/V Elpis 1 was chartered out to German bulker giant Oldendorff Carriers for $5,500 per day for nine months in 2019. In 2006, Greek shipowner Carras Hellas S.A. bought M/V Elpis 1 from compatriot Target Marine for a $42 million and operated M/V Elpis 1 during the worst dry bulk shipping markets in shipping history. Carras Hellas S.A. has a newbuilding program with five (5) ultramax and one (1) kamsarmax bulk carriers in Japan. Currently, Piraeus based shipowner Carras Hellas S.A. has a fleet of thirteen (13) bulk carriers.