The Greek owner’s most recent previous acquisitions were in 2014 and the new purchases underline the company’s rehabilitation

The two vessels will be fitted with scrubbers and the potential for dual-fuel installation

Three medium-sized fully-refrigerated LPG carriers from Hartmann Reederei will come with remaining charter periods to Geogas, Total and Mexican charterer Grup Nieto, say market sources

Safe Bulkers also entered into a three-year unsecured revolving credit facility with a $15m draw-down capacity

The latest acquisitions, which were signed late last year, take the operation to more than 40 feeder vessels and means the fleet grew by a third in 2019

The Copenhagen-based company, founded by Carsten Mortensen and Freddie Lee, has added a fourth product tanker to its portfolio

Greek buyers outspent their rivals in all three mainstream market sectors, splashing out a total of $3.2bn on 234 units

Empire Product Tankers has been listed on the new ‘Family & Friends’ platform in Norway, described by Oslo Børs as the first step towards the marketplaces operated by that exchange and the step before the Norwegian over-the-counter list

M/Maritime has focused mainly on the handymax and the supramax-to-ultramax dry bulk segments, but the extension of the fleet to kamsarmaxes suggests a broadening of its horizons