Technomar Shipping and Greek construction company Technical Olympic have spent about $107m on a recent acquisition spree for six post-panamax containerships and one panamax vessel, a Greek bourse filing shows.
A large part of that — $41m in total — is to be financed through bank loans, according to a document that Technical Olympic released on 10 February.
The filing also reveals that Andreas Stengos — a minority shareholder in Technical Olympic — holds a 49% stake in Technomar.
