Bulker specialist M/Maritime has expanded its fully Japanese-built fleet with the acquisition of a modern ultramax bulker.
The Athens-based company, which is backed by Greek entrepreneur John Mytilineos, confirmed the purchase in a statement on its website.
M/Maritime did not identify the vessel in question.
Its description as a seven-year-old, Japanese-owned ultramax built at Imabari Shipbuilding’s Tadotsu Shipyard, however, matches the characteristics of a ship that the company has long had in its sights.
