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Costamare Bulkers divests six smaller vessels as it targets bigger-sized ships | Dry bulk shipping news

Costamare Bulkers divests six smaller vessels as it targets bigger-sized ships | Dry bulk shipping news

Hellenic Shipping News

Greek shipowner Costamare Bulkers Holdings Limited is moving ahead with its fleet renewal after confirming the sale of six smaller dry bulk vessels.The New York-listed owner has disposed older and smaller

Greek shipowner Costamare Bulkers Holdings Limited is moving ahead with its fleet renewal after confirming the sale of six smaller dry bulk vessels.The New York-listed owner has disposed older and smaller tonnage as it targets bigger-sized vessels.

The company concluded the sale of six vessels, generating net sale proceeds after debt prepayment of $44m.

The shipowner announced the disposal of the 58,018-dwt Pythias (2010-built), the 35,995-dwt Bernis (2011-built), the 37,152-dwt Acuity (2011-built), the 37,163-dwt Verity (2012-built), the 37,071-dwt Equity (2013-built) and the 37,152-dwt Parity (2012-built).

Meanwhile, Costamare Bulkers is continuing its buying spree by snapping up bigger-sized vessels.

The shipowner reported the conclusion of the acquisition of the 2012-built, 176,387-dwt dry bulk vessel Imperator (ex. Imperator Australis).

As of Nov. 13, Costamare Bulkers fleet portfolio will consist of 31 owned dry bulk vessels of a total capacity of approximately 2.8 million dwt: 7 capesize vessels out of which 6 are on

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