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Pavimar grows fleet to 12 with Capesize acquisition
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Source:Splash 247.com Release Date:2021-01-19 11:34:10

Greek dry bulk outfit Pavimar has doubled the size of its Capesize fleet with an acquisition from Imabari Senpaku according to multiple broking reports.


Advanced Shipping & Trading and Seasure Shipbroking have both reported that Pavimar has forked out around $17.5m for the 2006-built cape Ocean Compass. The vessel has a value of $13.44m according to VesselsValue, although it has just passed a special survey and is fitted with a ballast water treatment system.


Pavimar, founded by Ismini Panagiotidi in 2014, currently owns a fleet of 11 bulkers according to VesselsValue.

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