Taiwan Navigation is said to have sold a 12-year-old ultramax bulk carrier to undisclosed interests.
The Shin Kasado Dock-built 61,500-dwt Tai Shine (built 2012) was sold for $21.8m, brokers reported this week.
It is the second bulker the Taipei-based shipowner has sold this year as part of its ongoing fleet renewal process.
In June, the company sold the Oshima-built, 55,400-dwt Tai Hunter (built 2007) to Amoysailing of China for $14.6m.
