Established Dry Bulk shipping company which traces its origins back to 1973.
The Company has adopted a long-term strategy of prudent operation, always maintaining a strong liquidity position to weather market downturns and act swiftly on potential S&P opportunities.
The Company’s strategy is to purchase vessels at low prices, operate and sell them at higher values as it can be seen,
on an indicative basis, on the attached Appendix (Capital gains from S&P activity)
1. The above table includes a number of selective S&P decisions without taking into account the profitability returns from vessels'operations.
2. The above capital gains returns are absolute total and not compounded
experience in ship owning
management team with
a proven track record