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• Greek in distressed deal Eastern Mediterranean is being tipped as the potential buyer of a panamax bulker which has been auctioned following the bankruptcy of its German KG owner.
• NM introduces Navios Asia All eyes were on Navios Maritime Holdings Tuesday after the Greek shipowner announced the formation of an acquisition vehicle that has its sights set on Japanese-built bulkers.
• Mission accomplished Ever-expanding Diana Shipping has stepped into the capesize newbuilding market for the first time in three years.
• Cape wins second life Lou Kollakis has saved a capesize bulker from the scrap heap.
• Tufton in at Baltic Tufton Oceanic has emerged as a major shareholder in Peter Georgiopoulos-backed bulker owner Baltic Trading.