Cosmoship Management has become the biggest Greek buyer of handysize bulkers this year.

The Piraeus-based company has taken delivery of the 31,800-dwt RHL Novare (built 2011), which marks the fourth unit it has purchased on the secondhand market in 2019. The vessel has been renamed Serenity C.

Higher price

Hamburger Lloyd was reported to have sold that vessel in May to unidentified Greeks for about $8m, but TradeWinds understands the actual acquisition price was somewhat higher.