A group of well connected Greeks led by Leo Polemis are launching a new blank cheque shipping venture.
They are seeking to raise $50m from investors through Aquasition Corp a Marshall Islands company.
As its name implies it is a acquisition vehicle of watery inclinations but the founders are saying little about the maritime sector they have an eye on.
Leo Polemis (43) is the son of Spyros Polemis of Seacrest Shipping who is chairman of the International Chamber of Shipping
The son who is chairman of Aquasition has worked in the family shipping companies and is chief executive of the Polemis company, Empire Tankers.
Aquasition Corp operating from Seacrest’s London office says it will try to capitalise on the...
