Celsius Shipping has disposed of a five-year-old, Chinese-built ultramax at a profit as it continues to play an active role in the sale-and-purchase market.
US brokers reported the highly diversified Danish shipowner has sold the 63,400-dwt GH Seabiscuit (built 2016) to an undisclosed buyer for $17.6m.
VesselsValue estimates the ship is worth $18.26m,
