Greek owner Samos Steamship has reportedly sold its oldest bulker, a 15-year-old VLOC.
US brokers said the 229,000-dwt Vathy (built 2004) fetched $4m, but other sources say this price is way off the mark.
VesselsValue estimates a ship with the characteristics of the Namura-built Vathy is worth $11.3m and has a demolition value of more than $9.3m, while Maritime Strategies International estimates the vessel is worth $17.2m.
