Greece’s Pavimar has made a further expansion move, securing a six-year-old kamsarmax from the former fleet of bankrupt fellow Greek owner Toisa.
Pavimar executives confirmed the company has bought the 81,700-dwt Trade Will (built 2012).
They would not comment on further details reported by brokers, that the purchase price in the bank-driven sale stood at about $15.5m, with a charter attached.
