Theodore Veniamis led Greek shipowner and operator Golden Union Shipping has acquired 2009 built panamax bulk carrier 76K DWT MV Gu Imabari (ex MV KM Imabari) from Japanese shipowner Shoei Kisen. MV Gu Imabari (ex MV KM Imabari) is the third bulk carrier acquisition of Golden Union Shipping in 2019. MV Gu Imabari (ex MV KM Imabari) has a market value around $14 million.
In November 2019, Golden Union Shipping acquired 2010 built post-panamax bulk carrier 92K DWT MV Ocean Garnet for around $13.7 million and 2012 built post-panamax bulk carrier 93K DWT MV Ocean Sapphire for around $14.9 million. In July 2019, Japanese shipyard Tadotsu Imabari delivered newbuilding 81K DWT MV Malena to Greek shipowner and operator Golden Union Shipping.
Piraeus based shipowner and operator Golden Union Shipping acquired 2007 Japanese built post-panamax dry bulk carrier 93K DWT MV Flag Trias (ex MV Houyo) from Japanese shipowners for about $14.8 million. Theodore Veni¬amis led Greek shipowner and operator Golden Union Shipping keeps buying second-hand ships.
In July 2017, Greek shipowner and operator Golden Union Shipping bought 2006 built capesize dry bulk carrier 180K DWT MV Imperial Frontier (ex MV Cape Frontier) for about $17.2 million. Golden Union Shipping sold 5 dry bulk carriers between 2017 and 2018 for significant profits.
In July 2018, Theodore Veniamis led Greek shipowner and operator Golden Union Shipping sold two (2) 2016-built capesize dry bulk carriers to New York-listed Genco Shipping & Trading. Golden Union Shipping had bought them as resales at Hanjin Heavy Industries at a much lower price.
Currently, Greek Golden Union Shipping has a fleet of 45 ships.
Greek shipowner and operator Golden Union Shipping led by Theodore Veniamis bought 2006 Japanese built capesize dry bulk carrier 180K DWT M/V Cape Frontier for $17 million. Golden Union Shipping’s third bulk carrier purchase in 2017. Greek shipowner and operator Golden Union Shipping has 43 dry bulk carriers in oceans.
Greek shipowners Theodore Veniamis and Petros Pappas have been added to the list of owners taking vessels out of circulation and laying up at the Elefsina Anchorage area. Golden Union Shipping has already placed two (2) panamax bulk carriers 75K DWT at Elefsina, M/V CIC Piraeus (built 2001), and M/V Elena Ve (built 2010). Furthermore, Golden Union Shipping has filed notice that the company will lay up another three (3) panamax bulk carriers. Pappas’ private company, Oceanbulk, has laid up its first vessel, the 53,800 DWT M/V Roadrunner (built 2008).