Mytilineos family-backed M/Maritime Corp has revealed another resale deal for an ultramax newbuilding.
The agreement boosts the company's managed fleet to 10 ships including newbuildings, barely a year after the company set up shop in Athens.
M/Maritime said on its website it signed a memorandum of agreement last month to acquire a 61,000-dwt ultramax under construction.
The ship is scheduled to be delivered towards the end of January 2018, at which point it will be entrusted for management to M/Maritime under its commercial name, Olympia.GR,
