Goldenport tied to fresh Capesize purchase amid hot S&P market

According to shipbroking and market sources, the Greek dry bulk and container vessel specialist has been linked to the acquisition of 176,357-dwt, 2012-built Pacific East. Greek shipbrokers reported this week that the scrubber-fitted vessel changed hands for around US$28M.

This move marks a continued shift in Goldenport’s fleet strategy. Traditionally focused on mid-size bulk carriers, the company made a notable return to the Capesize segment in 2024 with the acquisition of 2011-built Mineral Gent, now operating under the name Mineral Volos.

Goldenport has been approached for comment regarding the reported deal, which would represent its second Capesize vessel.

According to Equasis data, Goldenport currently oversees a fleet of 31 bulk carriers and container vessels. The company has also been active in the newbuilding market, pursuing an extensive Ultramax programme over the past two years.

Beyond dry cargo, the Dragnis family maintains a presence in the tanker sector through Oceangold Tankers, and has recently expanded into the offshore vessel segment.

Capesize S&P market heats up

The Capesize sale and purchase (S&P) market has seen heightened activity in recent weeks. In addition to Pacific East, shipbrokers have identified several other transactions involving middle-aged vessels.

Asian Blossom, built in 2010, has reportedly been acquired by an undisclosed Greek buyer for just over US$28M, while 2011-built Golden Zhoushan was sold for approximately US$22M.

More modern tonnage has also surfaced in the sale tables. Bulk Ginza, built in 2020, is reportedly changing hands for US$64M, while 2019-built Newcastlemax Mineral Hiroshige has fetched a similar price.

According to Allied Shipbroking, as of late June, 36 Capesize/VLOC vessels have been involved in S&P deals in 2025, with an average age of 16 years. For comparison, 126 ships of similar size were sold throughout 2024, with an average age of 13 years.