Greek ship-manager Niriis Shipping managed 2005 built panamax bulk carrier 76K DWT MV Elnath is sold for around $6 million. MV Elnath was built at Sasebo Heavy Industries. In March 2019, Niriis Shipping managed MV Elnath (ex MV Rosali) was acquired from Empire Bulkers for around $10 million. Currently, Dimitris Gousis-led ship-manager Niriis Shipping manages six panamax bulk carriers for various shipowners. In January 2020, ship-manager Niriis Shipping took control of 2006 built panamax bulk carrier 74K DWT MV Ivestos 4 (ex MV Underdog) from Kassian Maritime. 19-May-2020
Greek ship-manager Niriis Shipping has acquired 2007 built panamax bulk carrier 74K DWT MV Ivestos 3 (ex MV Afterhours) from compatriot Kassian Maritime for around $9 million. In 2016, Kassian Maritime bought MV Ivestos 3 (ex MV Afterhours) for around $6 million. Greek ship-manager Niriis Shipping is preparing to increase the managed fleet. In a well-timed asset play with MV Ivestos 3 (ex MV Afterhours), Kassian Maritime made a good profit of approximately $3 million. Under the name of different clients, Greek ship-manager Niriis Shipping has bought five (5) secondhand panamax bulk carriers for a total of $40 million. MV Ivestos 3 (ex MV Afterhours) was built in 2007 in Hudong-Zhonghua Shipbuilding, China. Previously, Niriis Shipping was focusing on Japanese built bulk carriers. On the other hand, Kassian Maritime continues to offload vintage bulk carriers.
Greek shipowners have been contemplating panamax bulk carriers as praiseworthy to trade around the Indian Ocean. In December 2019, another Greek shipowner acquired similar 2006 built panamax bulk carrier 74K DWT MV Phoenix Bay for around $8 million. In another similar deal, 2012 built panamax bulk carrier MV Pan Kyla is sold for around $12 million and 2010 built panamax bulk carrier MV Sudestada is sold for around $11 million. 24-January-2020