Greek shipowner George Economou is continuing an apparent drive to dispose of vintage bulkers.

Broking sources in the US and in Europe said his US-listed DryShips has sold the 75,000-dwt Maganari (built 2001).

The Kanasashi Heavy Industries-built ship has reportedly gone to an undisclosed buyer for $10m. The vessel is due for dry docking in the coming year.

DryShips did not respond to requests for comment.