Samudera Shipping has sold its two modern supramax bulkers as it looks to simplify its fleet composition.
Singapore subsidiary Foremost Maritime Pte sold the 57,334-dwt Sinar Kutai and Sinar Kapuas (both built 2011) for a total of $20.25m.
The Singapore-flagged bulkers were sold to two separate buyers, the Indonesian shipowner said in a statement, but it did not disclose their identities.
