Beijing-based China Minsheng Trust has broken a long pause from the sale-and-purchase market with a profitable capesize sale to Qingdao-based Agricore Shipping.
But the deal is understood to be a one-off and the Beijing-based seller has become reticent about its plans in the wake of the departure of its former head of shipping.
The ship's buyer Agricore and former charterer Erasmus Shipinvest are also declining to talk.
