Greek shipowners have invested over $1.9bn in sale and purchase deals for bulkers and tankers during the first half of 2018.

Both markets have, however, witnessed a downturn in transaction volumes and overall expenditure, according to data provided to TradeWinds.

Greek shipowners invested $1.14bn to purchase dry cargo vessels in the opening six months of 2018, according to data compiled by Stelios Landrakis Jr of Advanced Shipping & Trading.