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Alterna Partners With Industry Professionals to Acquire Distressed Dry Bulk Vessels

Alterna has partnered with shipping veteran Nick Notias and Dianik Bross Shipping Corp to form SteelShips LLC. SteelShips is an international shipping company with in-house commercial and technical management abilities. The company owns and charters-in Handymax and Panamax size vessels which service the company’s various COAs and voyage charters. SteelShips specializes in purchasing older tonnage in need of repair and dry docking the vessels to extend their trading capabilities and useful lives. Dianik Bross provides the crewing and technical management of the vessels while chartering is conducted through the Grace Trading Corporation subsidiary.