Greek shipowner and operator JME Navigation bought 2012 built handy bulk carrier 34K DWT M/V Mother M. (ex M/V Intrepid Harvester) for 9.8 million from USA based Intrepid Shipping.
JME Navigation fleet also consists of supramax dry bulk carrier 58K DWT M/V Marigoula and ultramax dry bulk carrier 63K DWT M/V Zoitsa Sigala. In February 2016, Greek shipowner and operator JME Navigation send handymax dry bulk carrier 1996 built 41K DWT M/V Eirini K to demolition.
Greek shipowner JME Navigation has sold a 2001 built supramax bulker M/V Michael S 50K DWT to Eastern Mediterranean Maritime for $2.1 million a fraction of what it paid for the ship in 2008. JME Navigation bought M/V Michael S from China’s Chellaram Shipping when the market peaked in May 2008 as M/V Darya Gyan for a massive $68 million. Currently, JME Navigation has a fleet of 4 bulk carriers.
Greek shipowner JME Navigation acquired 1996 built handymax bulk carrier 41K DWT M/V Eirini K for $33 million in April 2007 as M/V Glyhafiloussa from Dinos Martinos led compatriot Thenamaris Shipping.