Subscribe to RSS feedKamsarmaxes see surge in popularity as Greek owners place US$1bn of orders
by
Liz McCarthy and Richard Meade, London
—
last modified
Jul 02, 2010 03:18 PM
THE RUSH from Greek shipowners to order kamsarmax bulk carriers has caught many analysts by surprise and divided opinion on why this particular ship type has suddenly become so popular.
Greek owners have already placed over US$1bn of kamsarmax orders this year and Athens-based brokers suggest several more orders are imminent. But with existing kamsarmaxes attracting the same premiums as a large panamax on the spotmarket and in many cases...
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