A new company called Minerva Dry Inc was recently registered in Greece to manage the growing dry bulk fleet of tanker specialist Minerva Marine.

The move sees Minerva Marine owner Andreas Martinos following other Greek shipping names who set up dedicated dry bulk management brands over the past few years, including John Angelicoussis, the Chandris family, Spiros Polemis, Melina Travlou and Leon Patitsas.