Expanding W Marine has revealed yet another ship acquisition, which sees the Athens bulker firm venturing out into new kinds of trades and waters.

The Yiannis Sarantitis-founded company announced on its website that it bought a vessel on the secondhand market this month that will trade henceforth as W Jade.

Chief executive Nikos Triantafyllakis clarified to TradeWinds that this is the 75,400-dwt Rio Grita (built 2014).