Thenamaris Ships Management

Greek shipowner and operator Thenamaris established Thenamaris Conbulk Inc. Thenamaris Conbulk Inc. will be the management and chartering arms for Thenamaris’ bulk carrier and container ships. Currently, Thenamaris Conbulk Inc. controls 19 bulk carriers and 4 containerships. In May 2020, Athens-based Thenamaris registered Thenamaris Conbulk Inc. in Greece as a separate ship management company. Thenamaris has a diversified fleet of more than 100 ships. Previously, Thenamaris established Thenamaris LNG for the company’s fleet of 12 gas carriers. Thenamaris is led by Dinos Martinos. Dinos Martinos’ brother Andreas Martinos established Minerva Marine. Shipowners establishes different companies for charterers, by highlighting their different ships are operated by distinct outfits. In 2019, Greek shipowner and operator Tsakos established Tsakos Conbulk Services (TCB) which is a separate company that is a similar move to Thenamaris. Tsakos Conbulk Services (TCB) controls 17 bulk carriers and containerships. Thenamaris Conbulk Inc. and Tsakos Conbulk Services (TCB) represent the rebranding activity of the Greek shipowners. 16-November-2020

 

Nikolas Martinos-led Greek shipowner and operator Thenamaris Ships Management acquired four (4) capesize bulk carriers for $64m million en bloc from Greathorse International’s sister company Tiger Group. Thenamaris Ships Management acquired 2010 built capesize bulk carrier 180K DWT MV Tiger Jiangsu, 2011 built capesize bulk carrier 180K DWT MV Tiger Guangdong, 2011 built capesize bulk carrier 180K DWT MV Tiger Shandong, 2011 built capesize bulk carrier 180K DWT MV Tiger Liaoning from Greathorse International’s sister company Tiger Group. This is the first bulk carrier acquisition of Thenamaris Ships Management since 2016. Thenamaris Ships Management has increased its presence in capesize segment. Currently, Thenamaris Ships Management controls a mixed fleet of around 100 ships. Secondhand capesize prices plummeted to levels that some Greek shipowners find difficult resisting to invest. 1-November-2020

 

Nikolas Martinos-led Greek shipowner and operator Thenamaris Ships Management has sold one of four dry bulk carriers that were bought at the bottom of the market in 2016. Greek shipowner and operator Thenamaris Ships Management has sold 2012 built kamsarmax dry bulk carrier 81K DWT MV Seatribute to a Chinese shipowner for $21 million. Kamsarmax dry bulk carriers price tag has increased and lately, 2012 built kamsarmax dry bulk carrier 81K DWT MV Prime Lily was sold for $20.5 million. In 2016, Greek shipowner and operator Thenamaris Ships Management acquired 3 kamsarmax and 1 capesize dry bulk carriers. Thenamaris Ships Management has a fleet of 86 dry bulk carriers, tankers and gas carriers worth almost $3 billion. 18-December-2018

 

Greek shipowner and operator Navios Maritime Holdings sold 2001 Japanese built supramax dry bulk carrier 52K DWT MV Navios Herakles for about $8 million. The price tag of MV Navios Herakles is likely to represent a drop in the price of vintage dry bulk carriers which has a limited buyer interest right now. In 2003, New York-listed Navios Holdings bought MV Navios Herakles as part of an en bloc deal with compatriot Thenamaris Ships Management. Greek shipowner and operator Navios Maritime Holdings has a fleet of 39 ships with an average age of 10 years. 20-March-2018

 

Greek shipowner and operator Thenamaris Ships Management is selling Korean built kamsarmax dry bulk carrier 81K DWT M/V Seatrust (ex M/V Liberty Dawn) for $22.6 million to Nikolas Martinos led New York-listed Diana Shipping. In March 2016, Greek shipowner and operator Thenamaris Ships Management bought M/V Seatrust (ex M/V Liberty Dawn) from Liberty Maritime for just $13 million. Greek giant shipowner Thenamaris Ships Management has a mixed fleet of 70 vessels. Unlike other giant shipowners who were forced to sell ships during the downturn of the dry bulk market, Diana Shipping bought 31 ships for $1 billion. 21-April-2017

 

USA based shipowner and operator Liberty Maritime sold 4 kamsarmax bulk carriers to Thenamaris Ships Management and Embiricos Shipping. CEO Philip Shapiro led Liberty Maritime sold 82K DWT M/V Liberty Dawn, M/V Liberty Desire, M/V Liberty Destiny, M/V Liberty Dream for around $12 million per ship. Liberty Maritime focuses on the US-flag market Johns Act and idled fleet due to declining US government food aid. 29-March-2016

 

Greek shipowner Thenamaris Ships Management chartered out its 2010 built panamax bulk carrier 77K DWT M/V Seamate (ex M/V Faustina) 77,000 DWT to SwissMarine for a year at $5,600 per day. Thenamaris Ships Management bought M/V Seamate (ex M/V Faustina) for $19 million in January. 29-February-2016