Seasoned Diana Shipping executive Ioannis Zafirakis has stealthily built his own shipowning company to hand over to his son.
Zafirakis, a well-known figure in the dry cargo market, began buying tankers under the radar in 2019 and the venture has only been unearthed now by fresh sale-and-purchase dealings.
TradeWinds has learned that the Zafirakis vehicle is the seller of the ship that took New York-listed OceanPal into the product tanker market this week.
