Martinos family company Thenamaris has swooped on a capesize bulker sold by Nissen Kaiun of Japan.
Western shipbrokers identified the Athens-based outfit as buyer of the 181,000-dwt Bulk Denmark (built 2010) for $30.5m.
Thenamaris did not respond to a request for comment.
News of the sale was not a surprise. Greek brokers reported on 9 July that its previous owners circulated the Koyo Dock-built vessel for sale, inviting best outright offers in the week to follow.
The ship was supposed to be scheduled for delivery to its new owners in August or September.
The price is in line with expectations, especially considering that the ship underwent special survey in November and is equipped with scrubbers and a ballast water treatment system (BWST).
However, the price is significantly higher than that paid by Thenamaris last December in a well-timed deal for the 180,000-dwt capesize Tiger Guangdong (built 2011) from China's Greathorse International.
Thenamaris paid $15.75m for the vessel, which is currently trading as Sealeader II and likely worth some $26m, according to VesselsValue.
Thenamaris is investing in kamsarmax bulkers as well. In February, it ordered two 82,000-dwt vessels at Sino-Japanese yard Nantong Cosco Ship Engineering (Nacks) in China.
It followed up in March with the purchase of the 81,800-dwt Yangze 16 (built 2019) on the secondhand market.
The company also made several investments in tankers. It revealed its latest such move in the sector in May, posting on its website two VLCC newbuildings at Imabari Shipbuilding — the 313,000-dwt Seaduke (built 2021) and 309,000-dwt Seaduchess (built 2022).
It is unclear how much the company paid for these ships. Some market sources believe Imabari offered the pair to Thenamaris as part of a sale-and-leaseback deal.
The owner has a mixed fleet of about 100 ships on the water and under construction. Most of them are tankers, followed by bulkers, gas carriers and containerships. The company is led by Dinos Martinos.
Last year, Thenamaris set up separate management and chartering arms for its dry cargo fleet, which comprises 19 bulkers and three containerships in the water, in a new company called Thenamaris ConBulk.