Maestro Shipping, a Switzerland-based company set up by Jorgen Dannesboe almost 20 years ago, sold its last bulker to the same buyers who also took three others before it.
Market sources identified Devbulk, an Istanbul-based owner of geared handysize tonnage, as the buyer of the modern 39,800-dwt Maestro Emerald (built 2020).
The modern, open-hatch vessel built at Saiki Heavy Industries in Japan changed hands for $30m.
