In yet another deal highlighting how much the dry bulk market has improved recently, a Greek shipping company that sold a bulker under pressure from lenders last year has bounced back, emerging as a buyer on the sale-and-purchase market.
Piraeus-based JME Navigation has acquired the 34,700-dwt Intrepid Harvester (built 2012), market sources say. Brokers reported the vessel sold to unidentified buyers last month at a price of $9.8m.
