Company

Changes, 1986-1988, dwt m, ship no.

Remarks

Company

Changes, 1986-1988 dwt m, ship no.

Remarks

Haji-Ioannou (tankers)

5.3 - 6.03 = plus 734,000; 42 - 45 =plus 3 ships

Specialized in medium age tankers serving Iranian Sea; since 1985 he bought 3 m dwt of an increasing size (>170,000 dwt each)

Latsis J—“Bilinder”

3.87 - 3.84 = less 28,351;

77 - 87 = plus 10

Preference to Greek flag; variety in ships: general cargo, RoRo, gas, pontoons, passenger & 36 tugs; he bought 5 ULCCs (1985-6)

Livanos, G P; “Ceres”

3.30 - 2.88 = less 419,943; 96 - 87 = less 9

Delivery of 7 newly-built tankers + 1 Probo; sold the old, well-maintained, mini bulkers; sold also super tankers; & 7 product carriers of advanced technology; he spent $45 m for 2 OBO of low age

Thenamaris

1.9 - 2.72 = plus 815,218; 43 - 63 = plus 20

The Malta flag gained 47 bulks from Cypriot flag due to Turkish embargo; Dry bulks; 12 bought in 1987

Onassis

2.92 m - 2.56 = less 362,957; 29 - 25 = less 4

Modern bulk; reduction in tonnage

Niarchos

2.01 m - 1.84 = less 178,474;

29 - 26 = less 3

Like Onassis

Empiricos (Buenamar)

1.71 - 2.1 = plus 395,782; 26 - 23 = less 3

3 large Combined carriers/

Suezmax

(1987) arriving at 9 (most Suezmax)

Vardinoyiannis

1.3 - 1.5 = plus 199,839; 40 - 58 = plus 18

He obtained newly built general cargo ships valued $230 m (1988) plus product tankers

Tavulareas/

Atlas

2.65 - 2.20 = less 447,691; 14 - 12 = less 2

Callimanopulos (Trade & Transport)

0.63 - 1.59 = plus 962,365; 10 - 16 = plus 6

Serving Persian Gulf; bought 6 large tankers & combis, 1986-88; plus 2 large oil/ore carriers

Kollakis—(Kappa Mar.)

0.75 - 2.035 = plus 1,280,176; 16 - 37 = plus 21

Attracted by good freight rates for large (VLCCs) tankers for P. Gulf; reefers & bulkers

Polemis S. (L & W)

1.57 - 1.73 = plus 164,016; 20 - 23 = plus 3

“ProBulk” in 1987; 4 new-buildings; carrying 4 m tons in 1 year (*) plus 4 chartered-in