Element Shipmanagement enters dry

Greek owner Element Shipmanagement has moved into the popular handysize segment, reshaping its once pure-play container strategy.  The Piraeus-based outfit made its first move outside containers since its humble start in 2012, picking up the 35,000 dwt Union Groove from fellow Greek owner Union Commercial for $13.6m. The ship is now renamed LM Demeter. Element …

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