German shipowner Krey Schiffahrts has embarked on a renewal programme designed to increase its fleet to up to 16 multipurpose (MPP) vessels.
The Leer-based company has emerged as the owner of a pair of MPP vessels acquired for about $19m enbloc from Clipper Group of Denmark.
The 17,287-dwt/904-teu Stinnes Passat (ex-Clipper Newhaven) and Stinnes Zephir (ex-Clipper Newark, both built 2011) were acquired for about $9.5m
