Nicholas G Moundreas (NGM) 

30-March-2017

Greek shipowner and operator Nicholas G Moundreas (NGM) has bought two 2001 Japanese built capesize dry bulk carriers 172K DWT MV Ganbei (ex MV Ce-Alliance) and  170K MV Win Win (ex MV Ce-Duke) for around $9.5 million each. Nicholas G Moundreas (NGM) acquired the capesize dry bulk carriers just before the dry bulk market began picking up. Greek shipowner and operator Nicholas G Moundreas (NGM) bought capesize dry bulk carriers from Greek Centrofin Management. In January 2017, Nicholas G Moundreas (NGM) sold two 1997 capesize dry bulk carriers MV Natty and MV Tango to scrapyards for around $7 million each. Greek shipowner and operator Nicholas G Moundreas (NGM) tanker arm NGM Energy has a fleet of 18 tankers.