Meadway Shipping & Trading (MST), a Greek bulker owner and manager, has notched up yet another acquisition that doubles the size of its fleet within 18 months.
MST owner Costas Dellaportas had six vessels in April 2021, when he amicably split his family’s interests from brother George, who set up Meadway Bulkers.
In line with an improving market outlook for bulkers, MST kept its foot on the gas since then, spending more than $130m on four ultramaxes and two handysizes.