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Merchant fleet estimated at €8 billion | TheGreekDeal.com
EVANGELOS MARINAKIS
Merchant fleet estimated at €8 billion
Capital Maritime & Trading, owned by Evangelos Marinakis, is expanding its dry bulk carrier fleet.
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Evangelos Marinakis, Capital Product Partners

Evangelos Marinakis' Capital Maritime & Trading is increasing the size of its fleet of dry bulk carriers. 

It has purchased a modern newcastlemax at an attractive price, namely the Berge Bobotov with a capacity of 210,900 dwt (built in 2021). The deal represents a transition to a new, larger class of barges for the Greek shipowner. Privately owned Capital Maritime has a fleet of 10 cargo ships, according to shipping sources, among a huge fleet of tankers and other types of vessels.

Three 197,000 DWT capesizes are Capital Maritime's largest freighters so far, while the others are panamaxes. A few days ago, the shipping news website TradeWinds reported that the shipowner became the latest private shipowner to order newbuilding container ships in a deal worth $1.25 billion. 

The deal is part of a wave of orders for various types of ships by the Greek businessman, who is currently estimated to operate and manage more than 100 vessels valued at more than $8 billion, according to TradeWinds.

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