Norwegian bulker owner Bergen Yangzhou Supramax Carriers is selling off its two ships after being declared bankrupt.
DVB Bank pushed the Berged-based shipowner into bankruptcy, confirmed by a court earlier this year, after the shipowner failed to pay up on its loans due in December.
Bergen Yangzhou trustee Gunnar A Haahjem said its 57,000-dwt Grand Breaker and Grand Pioneer (both built 2011) have now been sold and likely will be delivered before the end of the year.
