Grieg Star and Maas Capital have teamed up to form a dry cargo shipowning joint venture.
The new partners have both taken a 50% stake in GriegMaas, which is targeting further investment in supramax and ultramax bulk carriers.
The JV starts out with a two-vessel fleet, having acquired Grieg Star’s 58,000-dwt supramaxes, Star Athena and Star Eracle (both built 2012), earlier this month.
