Franco Compania Naviera and affiliate FCN Management, two Greek shipping affiliates led by Nicolas and Marily Frangistas, are close to selling two of their 11 bulkers.
Brokers and ship management sources in Athens and London said the outfits have signed preliminary agreement to divest an eight-year-old ultramax and a 15-year-old supramax for $39.5m in total.
The Chinese-built 63,200-dwt Delsa (built 2015) is the youngest ship in the Frangistas fleet and the Japanese-built 55,800-dwt Alegre III (built 2007) among its older ones.
