Including this agreement and the previously announced agreements, the company has sold seven vessels, has acquired four second-hand vessels, and has ordered eight Japanese new-build vessels with deliveries starting from 2Q22 until 1Q24.

Dr. Loukas Barmparis, President of the company commented: “With the sale of MV Pedhoulas Fighter we conclude the sale of three sisterships, Kamsarmax class, Chinese-built vessels, gradually renewing our fleet with modern more efficient Japanese built new-builds or Japanese-built younger vessels.”