Hellenic Carriers could be in the hunt for more tonnage after letting a kamsarmax newbuilding option slide.
Fotini Karamanlis, the Greek bulker owner’s chief executive, has, however, ruled out chasing capesize buys while also defending a drop in first-half profit as average rates came off.
London-listed Hellenic has been busy renovating its fleet after selling an ageing unit and ordering two kamsarmax newbuildings this summer.
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