Bulkseas Marine Management, a Piraeus-based shipowner controlled by the Meimetis family, stepped up its fleet expansion by buying its third, mid-size bulker since July.

Company principal Stavros Meimetis confirmed acquiring Greek peer Chronos Shipping’s 83,700-dwt kamsarmax Kavala (built 2009).

The Sanoyas-built vessel, which is scheduled to undergo its special survey over the next few months, is understood to have changed hands for between $16.1m