Greece’s Moundreas family has injected further momentum into a busy secondhand market for dry bulkers with the purchase of two capesizes.
Market sources in Athens identified the Nicholas G Moundreas-founded shipping group as the buyer of the 176,000-dwt Han Fu Star (built 2012) for a price at the high end of $18m.
The owner is also said to have spent more than $10m to buy the 175,800-dwt Cape Mars (built 2003) from Taiwan’s U-Ming Marine Transport.
