Poseidon Shipping

11-February-2018

Greek shipowner and operator Poseidon Shipping has been trying to sell 2001 Korea built panamax bulk carrier 76K DWT MV Eleftheria. MV Eleftheria was built in 2001 at South Korean shipyard Hyundai Heavy Industries. MV Eleftheria passed special survey (SS) in 2017 and, thus, is not set for another special survey until April 2022. Before special survey (SS) MV Eleftheria was likely worth less than $5 million but currently reasonably valued at $9 million. In 2015, Greek shipowner and operator Poseidon Shipping sold sister ship of MV Eleftheria, MV Mahitis for around $8 million. Poseidon Shipping ordered MV Eleftheria and MV Mahitis in 1999 for $21 million each and take the advantage during the boom years.

29-November-2016

Greek shipowner and operator Poseidon Shipping is selling 2001 built panamax bulk carrier 76K MV Eleftheria around $5 million. In July 2015, Poseidon Shipping sold sistership 2001 built MV Mahitis for around $8 million. MV Eleftheria and MV Mahitis each ordered for $21 million and were cash cows for Poseidon Shipping in the boom years.