Diana Shipping
Eight years after entering shipowning, Fomento Group has sold half of its four strong fleet.
In May, it offloaded the 2016-built Fomento One newcastlemax to Greek owner Evangelos Marinakis for $55.9m, a ship the Indian miner had ordered at Daehan Shipbuilding in South Korea a decade ago.
A second newcastlemax from the same yard is now reported sold for $61m. Sources say the outfit has let go of the 2017-built Fomento Two.
The latest sale leaves the outfit with two slightly younger, same-sized ships built by Japan Marine United ships.
Run by the Timblos family, the grouphas been a significant player in the mining sector in Goa and has been a key player in the Goan economy since 1957.
Newcastlemaxes have changed hands at record levels this year.
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