Ocean Freighters, a low-profile Greek bulker specialist, has sold its only capesize to become a pure-play kamsarmax and post-panamax company.
The Moustakas family-owned outfit paid the Angelicoussis Group an eye-watering $110m for the 177,900-dwt Pontotriton (ex-Anangel Wisdom, built 2007) in a resale deal 17 years ago.
Having held on to the vessel, Ocean Freighters was probably grasping the opportunity to offload the ageing capesize amid firm secondhand prices.
