Mardeniz Shipping

2-March-2016

Mardeniz Shipping puts the entire fleet of supramax bulk carriers on the sale and purchase (S&P) market. Istanbul based Mardeniz Shipping has put its whole fleet of seven (7) supramax bulk carriers on the market for sale. Currently, the market value of the combined worth of the seven ships at $67 million. Mardeniz Shipping may have been looking for up to $120 million for the bulkers.

Mardeniz Shipping is part of the Mardas Group, which also owns terminal facilities at Istanbul Ambarli Port, as well as its shipowning, management, and agency operations. Another group company, Kardeniz Shipping, acts as an 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.