By L. Karageorgos
[email protected]
The Vafias family, headed by veteran shipping executive Nikos Vafias, has reportedly invested upwards of 90 million USD over the recent period for various types of second-hand vessels.
The Vafias family's fleet includes bulkers, tankers and LPG carriers, with the latter mostly managed through NASDAQ-listed StealthGas, run by Harry Vafias.
Four vessel purchases were announced last week: a capesize bulker, two LPG carriers and an aframax tanker bought in an auction.