Low-profile Greek bulker owner Arista Shipping has sold a supramax and is left with just a handysize in its fleet.
The company has parted with the 55,000-dwt Pangea (built 2012). European brokers said the Hyundai Mipo Dockyard-built bulker has gone to an undisclosed buyer for $10m.
The company did not respond to requests for comment.
In July, Arista sold sistership Panworld (built 2011) for more than $11m.