India's Great Eastern Shipping has found a buyer for a 2003-built supramax.
The 52,000-dwt bulker Jag Rahul (built 2003) will be delivered to an unnamed owner in the first three months of 2018, it said.
No price was revealed for the transaction.
The vessel, previously called Philipp Oldendorff, was acquired by Great Eastern for a reported $38.5m in 2005.
The deal leaves it with six other supramaxes in a fleet numbering 47 ships.
