Erasmus Shipinvest Group (ESI), an Athens-based dry bulk outfit led by John Su, has moved under the radar to assemble a fleet of eight managed handysizes over the past 16 months.

These ships have come to account for the bulk of Erasmus’s fleet, which previously consisted of larger dry bulk vessels.

“Our motivation behind this move is to establish a presence across all sized segments of dry bulk shipping,” Su told TradeWinds in an e-mail.