Mardeniz Shipping puts entire fleet on sale

Mardeniz Shipping puts entire fleet of supramaxes on market. Mardeniz Shipping of Turkey has put its whole fleet of 7 modern supramax bulkers on the market offered for sale. Currently, market value of combined worth of the seven ships at $67.45m. Mardeniz Shipping may have been looking for up to $120m for the bulkers. Mardeniz Shipping is part of the Mardas Group, which also owns terminal facilities at Ambarli Port, as well as its shipowning, management and agency operations. Another group company, Kardeniz, acts as exclusive charterer for Icdas Steel, one of the biggest steel producers in Turkey that is also part of the group. Mardas Group also other interests include energy, insurance, building and tourism.