Norway's JJ Ugland Group is poised to earn a firm price for its two oldest supramax bulkers, TradeWinds understands.
The Tsuneishi Cebu-built, 52,000-dwt Favorita (built 2005) and sistership Rosita (built 2004) are reportedly tied up to an undisclosed buyer in an en bloc deal for $13.8m in total.
The Rosita passed special survey in June last year, while the Favorita is due in this coming November.