Minoa Marine

22-March-2018

Greek shipowner and operator Minoa Marine acquired panamax dry bulk carrier and increased its fleet number to 5 panamax dry bulk carriers. Minoa Marine acquired 2006 built 76K DWT MV Anthea (ex MV Drake).

Athens based shipowner and ship-manager Minoa Marine acquired its last panamax dry bulk carrier about 3 years ago. Greeks remain keen buyers of 2005 and after built panamax bulkers on the secondhand market.

On the other hand, Greeks are overwhelmingly on the selling side of vintage panamax dry bulk carriers to Chinese shipowners. However, Chinese shipowners have recently shown some reluctance for further vintage panamax dry bulk carriers due to possibly of potential regulatory changes that would lower mandatory age limits in China.