White Sea Navigation

10-January-2019

Athens and Monaco based ship manager and operator White Sea Group (White Sea Navigation S.A. in Athens and the White Sea SARL. in Monaco) has acquired 2011 built supramax dry bulk carrier 55K DWT MV Sophia K (ex MV Topaz Halo) from Japan’s Nikko Kisen for around $15 million.

White Sea Group is led by Captain John Kehagias. In 2011, MV Sophia K (ex MV Topaz Halo) was built at Mitsui Engineering & Shipbuilding, Japan. MV Sophia K would be the first Japanese-built ship to enter White Sea SARL’s fleet after a long-time. Generally, White Sea Group has been buying Chinese-built ships. All other five ships listed under White Sea Group (White Sea Navigation S.A. in Athens and the White Sea SARL. in Monaco) were built in China.

In April 2018, Piraeus based White Sea Group acquired 2010 built supramax dry bulk carrier 58K DWT MV Nicholas (ex MV Requiem) which was also built at Yangzhou Dayang Shipyard, China. White Sea Group acquired MV Nicholas (ex MV Requiem) from Greek shipowner and operator Kassian Navigation for around $12 million. MV Nicholas (ex MV Requiem) was White Sea SARL’s first venture into the secondhand market after a long-time. Lately, Greek shipowners have been extremely enthusiastic buyers of supramax bulk carriers.

Currently, White Sea Group (White Sea Navigation S.A. in Athens and the White Sea SARL. in Monaco) operates a fleet of six (6) Supramax and one (1) Ultramax bulk carriers from its offices in Piraeus and Monaco.