When Costamare bought the 56,700-dwt bulker supramax Atlantic Merida (built 2012) in July last year, the deal was described as a successful move by Pacific Carriers, which sold the ship at a price that looked robust then.
The bulker bonanza that continued since, however, generated even more value to be squeezed out of the Taizhou Khouan-built vessel.
Costamare, which has been trading the ship for the past 11 months as Merida, is now believed to be moving to cash in on that appreciation.
