The rumblings began five months ago at the Marine Money conference in New York: people were interested in playing the dry bulk market again and exploring whether special-purpose acquisition companies (Spacs) might be the way to do it.

No names were attached to the talk when TradeWinds wrote about it then but that didn’t take long to change.

In August, Akis Tsirigakis and George Syllantavos raised net proceeds of more than $66.8m