Greek owner Pavimar has sold a 12-year-old supramax bulker in a deal that appears to be in line with its efforts to renew its fleet.
Brokers in the US and Europe said the Ismini Panayiotides-led bulker owner has sold the 52,000-dwt Mary Lina (built 2007)to a Vietnamese buyer for $10.3m.
Pavimar bought the Tsuneishi Shipbuilding-constructed ship from Kambara Kisen for $9.6m
