Low-profile Athens-based management company Niriis Shipping has continued its expansion drive by purchasing its 10th panamax in just two years.
The 76,600-dwt Pireas (built 2006) has entered its fleet as the Ivestos X. This brings the estimated spend of the company’s clients on acquisitions since early 2019 to about $100m.
This includes three Chinese-built panamaxes acquired between August and early October last year from Greek peer Gleamray Maritime, as TradeWinds reported.
