Greek owner Pavimar is selling a panamax bulker to closely related compatriot owner Castor Maritime two years after buying the vessel.
The Imabari-built, 76,000-dwt Double Happiness (built 2005) has been sold for $10.2m, which is slightly more than what Pavimar paid when it bought the ship from a Japanese owner in April 2017.
The Ismini Panayiotides-led company did not respond to a request for comment.
