Swedish owner Berndtssons Rederi has made a tidy profit on a new cargo ship that never made it home from a Chinese shipyard.
The 8,300-dwt Vingaren was delivered by Dayang Offshore Equipment in March and started a voyage back to Sweden.
But the general cargo vessel did not get any further than the Mediterranean before being sold to Italy’s Manisa Bulk on Friday, according to Sjofartstidningen.