Belgium’s EBE has sold its only capesize bulker.

Shipowner Basile Aloy confirmed the sale of the 181,365-dwt El Grasso (built 2012) eight years after it acquired the vessel.

It is reported sold for more than $35m.

That appears to mark a tidy profit for the Antwerp company, which acquired the vessel in May 2016 for $26.5m.