Caroussis family-controlled shipowner and operator Chios Navigation (Hellas) Ltd is expanding its fleet with new tanker and bulk carrier newbuildings. Dinos Caroussis-led shipowner and operator Chios Navigation (Hellas) Ltd has doubled its order book to six ships with deals at Hyundai Vietnam and Imabari Shipyards. Athens-based shipowner and operator Chios Navigation (Hellas) Ltd has signed agreements for three newbuildings, effectively doubling its orderbook of modern eco ships. Chios Navigation (Hellas) Ltd has ordered a pair of 50K DWT MR tankers from HD Korea Shipbuilding & Offshore Engineering for approximately $105.7 million. 7-June-2024
Caroussis family-controlled shipowner and operator Chios Navigation (Hellas) Ltd. sold 2001 built panamax bulk carrier 75K DWT MV Doric Arrow for around $13 million. Athens-based shipowner and operator Chios Navigation (Hellas) Ltd. acquired 2001 built panamax bulk carrier 75K DWT MV Doric Arrow for around $12.5 million in February 2013. Menelaos Pangalos-led shipowner and operator Chios Navigation (Hellas) Ltd. circulating MV Doric Arrow for sale since the end of 2021. Athens-based shipowner and operator Chios Navigation (Hellas) Ltd. has been trading MV Doric Arrow for around a decade. Like many Greek shipowners, shipowner and operator Chios Navigation (Hellas) Ltd. hope to sell the company’s vintage ships. Furthermore, Athens-based shipowner and operator Chios Navigation (Hellas) Ltd. sold 2001 built supramax bulk carrier 52K DWT MV Doric Spirit for around $13.5 million. In 2001, Chios Navigation (Hellas) Ltd. acquired MV Doric Spirit as a new building bulk carrier. 18-April-2022
Dinos Caroussis-led shipowner and operator Chios Navigation (Hellas) Ltd has ordered its first new building in six years, finalizing an agreement with representatives from Hyundai Mipo Dockyard for one 50K DWT MR tanker. Athens-based shipowner and operator Chios Navigation (Hellas) Ltd is set to take delivery of this single 50K DWT MR tanker in Q3 2019 from Hyundai Mipo Dockyard’s Ulsan facility. The price for the 50K DWT MR tanker has not been disclosed by Dinos Caroussis-led shipowner and operator Chios Navigation (Hellas) Ltd. Currently, Chios Navigation (Hellas) Ltd operates a fleet of eight bulk carriers and two tankers. The company has maintained a low profile in maritime headlines for several years. In August 2017, Chios Navigation (Hellas) Ltd sold a vintage supramax bulk carrier after more than three years of absence from the Sale and Purchase (S&P) market. 15-January-2018
Indonesian shipowner acquired 2006 built kamsarmax bulk carriers 82K DWT MV Sri Prem Varsha and MV Sri Prem Vidya from the bankrupted Singapore Mercator Lines. Sisterships MV Sri Prem Varsha and MV Sri Prem Vidya were acquired for around $9 million each. MV Sri Prem Varsha and MV Sri Prem Vidya were last two ships in the fleet of Singapore Mercator Lines. In 2006, Singapore Mercator Lines bought the kamsarmax bulk carriers as part of an en-bloc deal from Chios Navigation (Hellas) of Greece. In March 2016, the Singapore HSH Nordbank filed a winding-up application in the High Court of Singapore against Mercator Lines’s shipping arm Varsha Vidya Inc. 19-November-2016