Aroania Maritime of Greece is set to dispose of one of its four vintage bulkers.

European shipbroking sources say the 42,000-dwt Avlemon (built 1997) can be inspected at Zhoushan, China.

The 20-year-old, Brodosplit-built ship could likely fetch some $4m to $4.5m, which means it has been quite a profitable investment for Aroania. The company bought it as Don Frane Bulic in April 2015 for just $3.5m.