Veritas Shipmanagement, a low-profile outfit based in the seaside Athens suburb of Vouliagmeni, has been increasingly busy on the secondhand scene in recent months.

Led by its general manager Theodoros Nikolakis, the company was founded in 2013. It has been operating below the radar since as a third-party technical manager and a supervisor of newbuildings.

Accelerating activity in the sale-and-purchase market, however, has spurred Veritas clients to use the company in the acquisition of two containerships and at least two bulkers.