Greek shipowner Pavimar continues its remarkable expansion with the purchase of a seventh bulker this year.
Sources say the company has bought the 58,700-dwt Tenmyo Maru (built 2008) from Japan’s Kambara Kisen for $13.8m — slightly higher than expected.
If confirmed, this would be its fifth supramax purchase this year. Executives did not respond to a request for comment before TradeWinds went to press.
