Bulker giant Oldendorff Carriers has sold one of its newcastlemax bulk carriers to US investment bank JP Morgan.
The German outfit is divesting its 209,300-dwt Hark Oldendorff (built 2016), which was built at China's Jiangsu Yangzi Xinfu Shipbuilding.
Brokers report the unit has been sold for $45m but TradeWinds understands that the price tag is in excess of this and would equate to roughly $50m if the vessel was...
