Athens-based shipowner Soloi is now left without any vessels following a sale of its last two ships.
European brokers said the Greek company has sold the 57,000-dwt Dimi (built 2011) and sistership Ellie (built 2012) for $17.8m en bloc to an undisclosed buyer.
Soloi did not respond to requests for comment on reports that Jinling-built supramaxes have been sold.
The deals could spell an end to the company's shipowning activities.
