Evangelos Marinakis’ Capital Maritime & Trading has swooped for a modern Berge Bulk newcastlemax at an attractive price in a tricky secondhand market.

Shipbroking sources reported the 210,900-dwt Berge Bobotov (built 2021) had been bought for $75m to move Marinakis into a new area of the dry cargo sector.

Brokers tell TradeWinds the price is favourable relative to the cost of a new ship, which would not deliver for several years.