Emerging from the shadows, a nascent Chinese shipwoner has made its presence known by procuring a former Athens-based shipowner and operator Maran Dry Management (MDM) capesize bulk carrier. The iron ore merchant, Macrock, has seized its inaugural capesize bulk carrier, underscoring China’s ambition to reinforce its supply conduits. A revelation from the previous month confirmed that the illustrious Angelicoussis-family-led shipowner and operator Maran Dry Management (MDM) divested its penultimate capesize bulk carrier. The obscured Chinese entity Macrock behind this transaction. Macrock recently took possession of the capesize freighter MV Leone Fortune (ex MV Maran Fortune) at Rizhao’s moorage. Currently, Angelicoussis-family-led Maran Dry Management (MDM) owns 43 capesize bulk carriers and newcastlemax bulk carriers. 4-September-2023
Athens-based shipowner and operator Maran Dry Management (MDM), a subsidiary of the esteemed Angelicoussis Shipping Group, has divested its nearly two-decade-old capesize bulk carrier. Angelicoussis-family-led shipowner and operator Maran Dry Management (MDM) sold 2005 built capesize bulk carrier 174K DWT MV Maran Fortune (ex MV Anangel Fortune). Capesize bulk carrier 174K DWT MV Maran Fortune (ex MV Anangel Fortune) was built at Shanghai Waigaoqiao Shipbuilding. This past spring, Athens-based shipowner and operator Maran Dry Management (MDM) 2004 built capesize bulk carrier 171K DWT MV Maran Innovation for around $18.5 million. Currently, Angelicoussis-family-led Maran Dry Management (MDM) owns 44 capesize bulk carriers and newcastlemax bulk carriers. 22-August-2023
Athens-based shipowner and operator Maran Dry Management (MDM) will take the delivery of two (2) LNG dual-fuelled capesize bulk carrier newbuildings from Waigaoqiao Shipbuilding (SWS). Angelicoussis-family-led shipowner and operator Maran Dry Management (MDM) will charter out LNG dual-fuelled capesize bulk carrier newbuildings newbuildings to mining giant Anglo American. Maria Angelicoussis-led shipowner and operator Maran Dry Management (MDM) ordered six (6) LNG dual-fuelled capesize bulk carrier newbuildings that were initially chartered by mining giant Anglo American in 2020. Mining giant Anglo American aims to decrease the company’s carbon footprint. Currently, Angelicoussis-family-led Maran Dry Management (MDM) owns 53 capesize bulk carriers and newcastlemax bulk carriers. 31-January-2023
Athens-based shipowner and operator Maran Dry Management (MDM) teams with Italian class society Rina and Chinese designer SDARI for dual-fuel newcastlemax bulk carriers. Angelicoussis-family-led shipowner and operator Maran Dry Management (MDM) has been developing a bulk carrier that produces hydrogen on board. Maran Dry Management (MDM) is teaming up with Rina and SDARI for the hydrogen-powered newcastlemax bulk carriers. Athens-based shipowner and operator Maran Dry Management’s (MDM) project will be based on a propulsion arrangement that lowers the running machinery at sea and combines LNG with steam to produce hydrogen and carbon dioxide on demand. Currently, Angelicoussis-family-led Maran Dry Management (MDM) owns 51 capesize bulk carriers and newcastlemax bulk carriers. 22-November-2022
Athens-based shipowner and operator Maran Dry Management (MDM) controlled 2016 built capesize bulk carrier 180K DWT MV Maran Excellence escapes Ukraine before the grain window closes. Angelicoussis-family-led Maran Dry Management (MDM) controlled 2016 built capesize bulk carrier 180K DWT MV Maran Excellence usually carries iron ore, is now steering for Spain with a cargo of barley, wheat, and corn. MV Maran Excellence was loaded at the port of Yuzhny, Ukraine where the capesize bulk carrier had been trapped since the outbreak of war. 2016 built capesize bulk carrier 180K DWT MV Maran Excellence is the second of Angelicoussis Group-controlled capesize bulk carriers caught up in Ukraine. Maran Dry Management (MDM) controlled MV Maran Excellence has managed to safely sail out of the war zone. Currently, Angelicoussis-family-led Maran Dry Management (MDM) owns 51 capesize bulk carriers and newcastlemax bulk carriers. 19-October-2022
Athens-based shipowner and operator Maran Dry Management (MDM) has decided to sell the company’s mini-capesize bulk carriers. Chinese shipowners are expressed to be spending around $200 million for seven (7) Maran Dry Management (MDM)-owned sisterships built at Shanghai Shipyard. Maria Angelicoussis-led shipowner and operator Maran Dry Management (MDM) is trying to sell:
2012 built mini-capesize bulk carrier 114K DWT MV Maran Aspiration
2011 built mini-capesize bulk carrier 114K DWT MV Maran Dawn
2011 built mini-capesize bulk carrier 114K DWT MV Maran Sky
2011 built mini-capesize bulk carrier 114K DWT MV Maran Sun
2014 built mini-capesize bulk carrier 114K DWT MV Maran Progress
2014 built mini-capesize bulk carrier 114K DWT Maran Wisdom
2013 built mini-capesize bulk carrier 114K DWT Maran Ocean
Athens-based shipowner and operator Maran Dry Management (MDM) has been circulating these mini-capesize bulk carriers as sale candidates for several weeks. All of these mini-capesize bulk carriers are presently operated by SwissMarine. In the dry bulk shipping market, mini-capesize bulk carriers are also named baby-capes. A sale of Maran Dry Management’s (MDM) conventionally bunkered mini-capesize bulk carriers may symbolize a part of the company’s fleet modernization and decarbonization strategy. Currently, slashing emissions is presumably Maran Dry Management’s (MDM) top priority. Angelicoussis-family-led Maran Group owns a mixed fleet of around 100 vessels. 5-April-2022
Athens-based shipowner and operator Maran Dry Management (MDM) reported that the company was able to evacuate 35 crew members stuck on 2016 built capesize bulk carrier 179K DWT MV Maran Excellence and 2012 built capesize bulk carrier 179K DWT MV Maran Astronomer in Ukraine. MV Maran Excellence and MV Maran Astronomer are among more than 40 ships, trapped in war-torn Ukraine. Greece Shipping Ministry declared on Monday that they assisted evacuate several crew members from Greek bulk carriers. Maria Angelicoussis-led shipowner and operator Maran Dry Management (MDM) expressed the company’s appreciation to Greece Shipping Ministry for collaborating in the evacuation of the 35 crew members from MV Maran Excellence and MV Maran Astronomer. Dozens of other crew members remain trapped in Ukraine. Evacuation also does little to assist shipowners to manage skyrocketing war risk premiums in Ukraine. At least five vessels have so far been shot in Ukraine. One crew member was killed in the raids in Ukraine. 8-March-2022
Athens-based shipowner and operator Maran Dry Management (MDM) sold 1989 built VLOC (Very Large Ore Carrier) 246K DWT MV Zhongte for demolition. Angelicoussis family-controlled shipowner and operator Maran Dry Management (MDM) will receive around $14 million. In 2022, Athens-based shipowner and operator Maran Dry Management (MDM) acquired MV Zhongte as a tanker and converted it to VLOC (Very Large Ore Carrier). In 2022, Maran Dry Management (MDM) around $29 million for MV Zhongte. Maran Dry Management (MDM) sold MV Zhongte for demolition with 600 metric tons of fuel. Athens-based shipowner and operator Maran Dry Management (MDM) preferred to sell MV Zhongte for demolition after the vessel have come off a long-term charter. Furthermore, in 2019, Maran Dry Management (MDM) sold 1999 built capesize bulk carrier 172K DWT MV Anangel Destiny and 1999 built capesize bulk carrier 171K DWT MV Anangel Dynasty. 5-July-2019