Greek Grid Shipping expands into larger bulkers with kamsarmax buy

Grid Shipping owner Panos Fasoulis has disclosed the purchase of 82,000-dwt kamsarmax vessel Arktos, the largest vessel in the company’s dry cargo fleet portfolio.

“This milestone marks a significant step in our strategic expansion toward larger, more efficient dry bulk carriers,” Dr. Fasoulis said.

The Greek owned shipping group has expanded into larger bulk carriers with the acquisition of a kamsarmax vessel, which is the latest addition in the company’s fleet.

Dr. Fasoulis added the acquisition reflects the group’s shared vision to invest in larger vessels capable of serving the evolving needs of global trade responsibly and competitively.

In accordance with the data in the company’s website, Grid Shipping’s fleet portfolio consists of three bulk carriers, two general cargo ships,