Greece’s Pioneer Marine to sell off entire fleet

Photo: Pioneer Marine

Greek dry bulk operator Pioneer Marine will sell its entire fleet of eight Handysize vessels, the company said in a statement late last week.

The sale will be at an agreed aggregate minimum price and will be based on terms determined by the board of directors of the company. The identities of the buyers have not been disclosed.

Pioneer said the dissolution of the company will commence subject to the determination of the board following the sale of its vessels.

Baird Maritime

The best maritime site on the web. The sea's our scene!