Theodore Veniamis-led Golden Union outbid nearly 10 competitors when it bought the 206,300-dwt Crassier (built 2007) about four years ago.
The company’s effort proved worthwhile. Purchased towards the end of 2020 from Japan’s NYK for just $14.5m, Veniamis and his family saw the ship’s value soar and have now decided to sell it at a considerable profit.
According to brokers in the US and Europe, the Imabari-built Crassier is being sold to Chinese interests for $28.8m.
