Precious Shipping continues to overhaul its bulker fleet with the sale of a 2005-built handysize bulker, regulatory filings show.
The Thai-based shipowner has offloaded the Japanese-built 33,720-dwt Charana Naree to an undisclosed buyer for $10.75m.
Precious said the disposal fitted its strategy to rejuvenate its fleet by selling its older vessels and acquiring younger ships.