Laskaridis Shipping Ltd.’s subsidiary Lavinia Corp acquired 2010 built post-panamax bulk carrier 93K MV Thalia (ex MV John Wulff) for about $13 million from German shipowner and operator Peter Dohle Schiffahrts. Laskaridis family-controlled Lavinia Corp has been expanding its fleet of large ships. After buying MV Thalia (ex MV John Wulff), Lavinia Corp increased post-panamax bulk carriers to five (5) in its fleet.
In July 2019, German shipowner and operator Peter Dohle Schiffahrts put MV Thalia (ex MV John Wulff) on the sale and purchase (S&P) market. Since May 2019, Peter Dohle Schiffahrts three (3) ships.
Laskaridis Shipping Ltd.’s subsidiary Lavinia Corp has a fleet of 43 bulk carriers. Furthermore, Laskaridis Shipping Ltd operates chemical tankers, product tankers, and reefer ships.
Danish Shipowner Dampskibsselskabet NORDEN A/S sold four post-panamax bulk carriers to Oldendorff, SwissMarine and Laskaridis Shipping.
Greek Laskaridis family acquired 2010 built post-panamax bulk carrier 92K DWT M/V Zeus (ex M/V Chitra Prem) for $9.8 million from Mercator Lines Singapore. Laskaridis sister company Laskaridis Shipping Ltd bought the bulk carrier. Even though Laskaridis family prefers expanding with new-buildings, they are now attracted by rock bottom prices for used bulk carriers. Currently, Laskaridis family’s fleet consists of around 30 bulk carriers. In April 2016, Singapore-listed Mercator Lines declared not to continue operating the ships due to its liabilities. Mercator Lines appointed two liquidators after creditor Malayan Banking (Maybank) enforced its security over a ship at the end of 2015. The debt burden on Mercator Lines Singapore’s fleet is so severe that creditors forcing the disposal of around all ships.